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Ferrari Races To 2,685 Unit Shipments In Q2, Reiterates FY21 Outlook, Sees Higher Free Cash Flow

Ferrari Races To 2,685 Unit Shipments In Q2, Reiterates FY21 Outlook, Sees Higher Free Cash Flow

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Ferrari NV (NYSE: RACE) reported second-quarter FY21 net revenue growth of 81.3% year-on-year, to €1.04 billion, missing the analyst consensus by €10 million. Revenues from Cars and spare parts rose 95.8% Y/Y to €881 million, and Engines increased 118% Y/Y to €45 million.

...read full article on Benzinga

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