The Milan Stock Exchange is in a good mood. Shares are up 6.5 percent.
Ferrari's fourth-quarter net sales rose 1.8 percent year-on-year to 1.8 billion euros, slightly better than the average analyst forecast, according to Bloomberg.
Operating profit rose almost 9 percent to 700 million euros, compared with an expected 662 million euros.
In the report, Ferrari also presented a forecast pointing to an adjusted operating profit of 2.93 billion euros for 2026, on sales of approximately 7.5 billion euros.
The average forecast was 2.91 billion euros in operating profit and a turnover of 7.5 billion euros.
