Ferrari NV reported strong US sales in the fourth quarter, driving its revenue up 14% to €1.74 billion ($1.8 billion) and beating analyst expectations. Earnings before interest, taxes, depreciation, and amortization rose 15% to €643 million, outpacing forecasts. The robust US market helped Ferrari recover from a challenging luxury car industry downturn, with the company’s sports cars selling better than anticipated.
Source: https://www.bloomberg.com/news/articles/2025-02-04/ferrari-shrugs-off-global-luxury-car-downturn-with-robust-sales