Ferrari approves record financial results for the first quarter
The Ferrari Board of Directors met today chaired by Luca di Montezemolo to consider the record company’s financial results for the first quarter of 2014.
From January to March, the Maranello carmaker has achieved a turnover up 12.5% to 620 million euros. Net profits rose 5% to over 57 million euro, while trading profit equalled last year’s excellent 80 million euro.
Global sales were kept deliberately to little less than 1,700 units, always to preserve the exclusivity, quality and residual value of all models. Also in 2014, the production will be kept under the 7,000 units mark.