Ferrari said results were driven by a stronger diversity of sales and high demand for vehicle customization. Photo: Justin Sullivan/Getty Images
Ferrari raised its full-year guidance after profit and revenue grew in the third quarter on a better sales mix and higher demand for vehicle customization.
The Italian sports-car maker said Thursday that after-tax profit reached 332.0 million euros ($350.9 million) compared with EUR228.0 million in the third quarter of last year. Analysts had expected EUR297.0 million, according to estimates provided by FactSet.
Ferrari Raises Guidance After Sales Mix, Customizations Lift Profit
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