Ferrari Earnings Climb on Robust Demand for Its Supercars

Ferrari NV’s earnings rose in the first quarter as the manufacturer sold more of its most expensive supercars and demand for personalizations grew.

Net revenue climbed 13% to €1.79 billion ($2.03 billion) from a year earlier on higher shipments in Europe and to the Americas, the company said Tuesday. Ebitda increased 15%, with both figures roughly in line with analysts expectations.