The weak development in China and the effects of the Trump administration's tariffs did not hit the business as hard as feared.
Net sales in the quarter rose 7.4 percent to EUR 1.8 billion. Operating profit, measured as EBITDA, rose 5 percent to EUR 670 million.
Both sales and profits thus exceeded expectations and Ferrari shares rose just over 3 percent on the Milan Stock Exchange, reducing the decline in Ferrari's share price so far this year to 16 percent.
