Ferrari Orders Bounce All the Way Back to Pre-Pandemic Level
- Intake last month was in line with a year ago, CEO says
- Carmaker sees full-year results at high end of forecast range
Photographer: Spencer Platt/Getty Images
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Ferrari NV is fielding orders for its six- and seven-figure supercars at rates similar to this time last year as the Italian manufacturer bounces back from pandemic disruptions.
Orders in October were up some 30% from monthly intake seen in the first quarter and essentially in line with the end of last year, Chief Executive Officer Louis Camilleri told analysts Tuesday after reporting better-than-expected earnings. The carmaker said annual results will be at the high end of its forecast range, sending its U.S.-listed shares surging as much as 7.3%.