Ferrari earned record profit

Car producer Ferrari reported a 60% increase in its first-quarter net profit making €124 billion in total. Such jump in revenues were driven by increased sales that rose by 6,4 % by selling nearly 2003 cars. At the moment, in terms of profit Ferrari maintains leading position among car producers. Ferrari is planning to maintain its upbeat guidance for the full year 2017. The company expects to increase sales and get net revenues greater than 3.3 billion euros.

Over the past couple days Ferrari shares rose sharply by 6,9% and continue its active growth. The trade will be available during American session from 14:40 to 21:00 GMT.

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