Net profits at Ferrari exceeded €1bn (£853.7m) for the first time in its history in 2023, the Italian supercar maker’s chief executive has announced. In a statement, Benedetto Vigna said it had been a “very successful year, during which we strengthened our brand through a number of achievements reflected in our unprecedented financial results.” “For the first time, our net profit, up 34 percent, exceeded €1bn and the annual EBITDA margin rose to 38.2 percent.” Revenues at the Prancing Horse rose 17.2…
Hence then, the article about ferrari hits 1 billion in profits amid luxury market boom was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Ferrari Hits €1 Billion in Profits Amid Luxury Market Boom )