"Ferrari Posts Strong First-Quarter Earnings Amid Global Economic Headwinds. Despite the challenges posed by a strengthening U.S. dollar and Japanese yen, Ferrari has managed to buck the trend with a 4% increase in first-quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) to €722 million. The luxury sports car manufacturer's success can be attributed to a growing demand for bespoke and high-end models, such as the F80, which are commanding premium prices from discerning customers. As the global automotive market continues to navigate uncertainty, Ferrari's resilience and adaptability are likely to be key factors in its continued success."
Ferrari's first-quarter EBITDA rose 4% to €722 million despite negative currency effects from the U.S. dollar and Japanese yen. Demand for personalizations and higher-priced models such as the F80 ...
