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Ferrari's profits jump 13% in 2022, supercar maker expects an even better year in 2023 - TL;DR CNBC

Ferrari's profits jump 13% in 2022, supercar maker expects an even better year in 2023

Publishing timestamp: 2023-02-02 20:03:53


Summary

Ferrari reported a 13% increase in full-year profit and guided to an even stronger year in 2023. Revenue and earnings per share were both above expectations, and the company shipped a record 13,221 vehicles in 2022. CEO Benedetto Vigna expressed confidence in the company's outlook. Ferrari's U.S.-listed shares closed up 4.8% on Thursday.


Sentiment: POSITIVE

Tickers: RACERACE-IT

Keywords: businesswealthearningsbusiness newsluxurytransportationferrari nv

Source: https://www.cnbc.com/2023/02/02/ferrari-supercar-maker-earnings-guidance.html


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