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Is Ferrari’s Growth in China Enough to Please Investors?

John Parker
Is Ferrari’s Growth in China Enough to Please Investors?

In the third quarter, Ferrari (RACE) reported net revenue of 838 million euros, or ~$956 million. During the third quarter, Ferrari’s shipments to all its key markets rose on a YoY basis. In 2017, Ferrari’s revenue went up 10% YoY to 3.41 billion euros, or $4.05 billion.