Ferrari Raises Guidance as Limited-Edition Models Boost Demand

Bloomberg08-01

Adjusted Ebitda seen at minimum €2.5 billion vs €2.45 billionSupercar maker leans into customization to boost pricing powerBenedetto Vigna with a Ferrari Daytona SP3 sports car.Ferrari NV raised its ...

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Sales climbed 16% to €1.71 billion, beating the €1.62 billion average of estimates compiled by Bloomberg.The company now sees free cash flow of up to €950 million, slightly more than its previous expectation of more than €900 million.Shipments rose 3% in the quarter to 3,484 vehicles, Ferrari said. Deliveries were driven by the Purosangue model as well as higher sales of the Roma Spider and 296 GTS Spider.Vigna is also working to guide Ferrari into the electrification era — a challenging task for a company known for its roaring 12-cylinder combustion engines.In June the company for the first time offered a glimpse of its new Italian factory, where it will build its first-ever line of electric vehicles starting late next year, alongside hybrid models and cars powered by traditional engines.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1185300664"}