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The Ferrari brand logo, coat of arms with the inscriptions and the rising horse (Cavallino Rampante), can be seen on board the vehicle from the manufacturer of sports vehicles in Munich (Bavaria) on April 6, 2025.
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Luxury car Ferrari On Tuesday, a significant increase in profits in the first quarter, citing reliable demand for personalized vehicles, warned that President Donald Trump’s trade policy could reach profit this year this year.
In the first three months of the year, the manufacturer of sports vehicles based on Maranella, based in Italy, outlined a net profit of 412 million euros (466.3 million) in the first three months of the year, which reflects an increase by 17% compared to the same period last year.
According to the Reuters poll, analysts expected a net income in the first quarter would come at 410 million euros.
“Another year has begun,” Ferrari Bnedetto Vigna said in a statement.
“In the first quarter of 2025, with very small gradual deliveries a year, all key indicators recorded double-digit growth, emphasizing the high profitability due to our products and prolonged demand for personalization,” the wine said.
Going forward, Ferrari warned that the introduction of US EU car tariffs imported in the United States could adversely affect the profitability of the company this year.
“The leadership (2025) is subjected to the potential risk of reducing 50 basic points per percentage of profitability (profitability of EBIT and EBITDA) regarding commercial policy update after introducing tariffs for EU imports in the US,” the automaker said in his report.
Luxury car manufacturers fight the devastating impact Trump” Trade in tariff Political. Several European car giants reported about the cutting slump In the quarterly profit this season of profit, with a lot of suspended or reducing financial recommendations when Trump’s tariffs accept their value.
In early April, the president introduced a 25% tariff for the import car. However Trump sought to water these levies last week Signing Executive Order Designed to prevent a number of other individual duties – for example, an additional 25% of the table and aluminum tariffs – from “laying” to each other.
Ferrari – Note At the end of March, it will increase prices by 10% on the tariffs on certain models. The move will be up to $ 50,000 to the cost of typical Ferrari.
The shares listed by Milan were trading 0.8% below at 12:44 in London.
