Ferrari's core profit rose 7% in Q3 supported by product mix, personalisations

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MILAN : Ferrari said on Tuesday its core earnings rose 7 per cent in the third quarter, despite a slight decrease in vehicle shipments, as the luxury sports car maker continued to benefit from a richer product offer and increased demand for personalisation.

Picture taken June 15, 2022.

Milan-listed shares in the company, which on Tuesday also confirmed the forecasts for its full-year results it provided in August, extended losses after results were published and were down 3.5 per cent by 1150 GMT.($1 = 0.

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Category: EconomyBusiness

Markets: SingaporeItaly

Topics: Italy 2024 Tuesday Photo: Maker June File 2022 Maranello Luxury Ferrari

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 20:01:25 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 243 words

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Sentences: 15 lines

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