Ferrari lifts full-year forecasts after strong Q2 results, record orders

Published by
Reuters UK

MILAN (Reuters) -Sports car maker Ferrari raised its forecasts for full-year revenue and core profit on Tuesday after posting what it described as record results in the second quarter and saying its order book hit new highs. “The quality of the first six months and the robustness of our business allows us to revise upward the 2022 guidance on all metrics,” Chief Executive Benedetto Vigna said in a statement. “Also the net order intake reached a new record level in the (second) quarter,” added Vigna, who took charge of Ferrari last September. The company guided for adjusted earnings before inte…

Read More