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Ferrari: third quarter profit +62% year on year

The company, newly listed on Wall Street, recorded a 9% increase in turnover and a 21% growth in sales – For the whole of 2015, estimates speak of a turnover of 2,8 billion euros.

Ferrari: third quarter profit +62% year on year

The third quarter of is on file Ferrari, which closed with net revenues up 9% per share 723 million euro and profit up 62% on an annual basis, to 94 million. The company, which has recently concluded the procedure for the listing on Wall Street, delivered 1.949 cars in the reporting period, up 21%.

For the whole of 2015 the expectations of the Prancing Horse they speak of deliveries for 7.700 cars and net revenues of around 2,8 billion euros. According to Maranello's estimates, the company's adjusted gross operating margin (Ebitda) should be between 725 million and 745 million.

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