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

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.