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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Ferrari reports record profits as supercar sales boom

Ferrari Portofino M
Ferrari said sales were driven by the Portofino M and the F8 family mdels. Photograph: John Keeble/Getty Images

Ferrari has reported record quarterly sales and profits as concerns over the global economy fail to dent the enthusiasm for buyers of luxury trophy vehicles.

The Italian sports carmaker raised its forecast for full-year revenues and profits after reporting a record second quarter, off the back of the popularity of new models and strong demand in China and the Americas.

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