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International Business Times
International Business Times
Business

Ferrari Reports Another Record-Breaking Year

Ferrari Luxury
Ferrari's profit surged even though it sold just 89 more cars in 2024, for a total of 13,752 (Credit: AFP)

Italian luxury carmaker Ferrari posted another set of record results on Tuesday, with net profit surging to more than 1.5 billion euros last year.

Profit was up 21 percent on the previous year to 1.53 billion euros ($1.58 billion), beating the 1.46 billion euros predicted by analysts surveyed by Factset.

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