News articles tagged 'spending'

Ferrari customers go big on customizations

By PMW on 02 August 2023 16:46:26

Ferrari has lifted its full-year income and revenue forecast, citing a boost from better-than-expected spending by the sports car maker's wealthy customers on customizing their vehicles. The Maranello, Italy-based group said it now expects to deliver adjusted earnings before interest, taxes, depreciation, and amortization of between €2.19 billion to €2.22 billion in 2023. The company previously guided for adjusted core income of...

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