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Ferrari shares motor on guidance lift, 2025 profits
(Sharecast News) - Shares in Ferrari motored on Tuesday as the famous Italian sports car maker nudged up full-year revenue and earnings guidance on the back of demand for new models after a rise in 2025 profits while also naming its first ever electric model. The company said it now expected full-year revenue of around €7.5bn this year fiscal year, up from €7.15bn in 2025, itself a rise of 7%.
Core profit was forecast at more than €2.93bn versus a €2.77bn in 2025. Net profit last year rose 5% to €1.6bn.
"Demand for Ferrari remains very solid and is managed with discipline in every market reflecting our exclusivity model: our order book extends towards the end of 2027," said chief executive Benedetto Vigna.
Ferrari also revealed the name of its first all-electric vehicle - the Luce, or 'light' in Italian - adding that former Apple chief designer Jony Ive would be in charge of the car's interior.
Reporting by Frank Prenesti for Sharecast.com
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