Ferrari posts upswing in first-quarter profit, confirms 2025 guidance
From CNBC: 2025-05-06 10:56:00
Ferrari reported a 17% increase in first-quarter profit to 412 million euros due to strong demand for personalized vehicles. The luxury carmaker warned that Trump’s trade policy could impact earnings this year, with potential tariffs on EU cars imported into the U.S. Shares of Ferrari traded lower as the automaker prepares to launch its first all-electric vehicle, the Elettrica, in October 2026.
Read more at CNBC: Ferrari posts upswing in first-quarter profit, confirms 2025 guidance