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Ferrari Earnings Jump as CEO Works on Model Line-Up Expansion

Ferrari NV’s second-quarter profit jumped 24 percent as the Italian supercar maker benefited from demand for its special editions, including the $2.1 million LaFerrari Aperta convertible, while preparing to expand beyond sports cars.

Adjusted earnings before interest, taxes, depreciation and amortization rose to 270 million euros ($320 million) from 217 million euros a year earlier, Ferrari said in a statement on Wednesday, beating the average 262 million-euro estimate of six analysts surveyed by Bloomberg. The carmaker...


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