Ferrari Lifts Guidance Again on Strong Demand for Car Customizations
By Dominic Chopping
Ferrari again lifted its full-year guidance slightly as demand for car customizations remained strong and deliveries of newer models ramped up in the third quarter.
The Italian luxury sports-car maker said Tuesday that it expects revenue of around 7.65 billion euros ($8.56 billion) this year, up from a previous estimate of around 7.6 billion euros. It forecasts adjusted earnings before interest and taxes of at least 2.29 billion euros, up from at least 2.26 billion euros previously.
It also expects an adjusted EBIT margin of at least 29.8% from at least 29.5%. Targets for adjusted earnings before interest, taxes, depreciation and amortization, Ebitda margin, earnings per share and industrial free cash flow were also raised slightly.
The company said it benefits from stronger personalizations than initially expected, lower currency headwinds and newer, more profitable models. It also lifted expectations in July.
"Deliveries of our F80 supercar and personalizations, led by the Ferrari 296 Speciale family, support our robust financial growth," Chief Executive Benedetto Vigna said.
"Our order book now reaches into 2028, and we still have two more launches to come this year."
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
November 03, 2026 07:19 ET (12:19 GMT)
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