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Ferrari reassures investors with better than expected forecasts

Shares jump more than 10% as CEO promises ‘discipline’ to continue delivering robust results

Ferrari’s chief executive has reassured investors with promises of “discipline” to continue delivering robust results as the luxury carmaker released better than expected guidance for the year.

The group’s Milan-listed shares rose more than 10 per cent on Tuesday as it projected a 5 per cent rise in its adjusted operating profit to €2.22bn in 2026 on a 4 per cent increase in revenues to about €7.5bn.

“We are managing the business . . . with discipline,” chief executive Benedetto Vigna said, citing “a world that is a little bit uncertain” as the group navigated higher US tariffs and the launch of its first electric model.

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