Ferrari Raises Guidance as Limited-Edition Models Boost Demand
- Adjusted Ebitda seen at minimum €2.5 billion vs €2.45 billion
- Supercar maker leans into customization to boost pricing power
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Ferrari NV raised its full-year outlook as customization and higher shipments of limited-edition cars like the $2.2 million Daytona SP3 boosted profit in the second quarter.
The supercar manufacturer now sees adjusted earnings before interest, taxes, depreciation and amortization of at least €2.5 billion ($2.7 billion), compared with a previous estimate of at least €2.45 billion for this year, according to a statement Thursday.