Ferrari 9-month net profit up 7.6 pct on record sales

Newswire

MILAN, Nov 7 (Reuters) - Fiat's high-performance sports car division Ferrari reported net nine-month profit up 7.6 percent on record revenue and number of cars delivered. The Italian car maker famous for its prancing horse badge said on Wednesday that it achieved net profit of 152.4 million euros ($195 million) as revenue climbed 10 percent to 1.76 billion euros. It sold a record 5,267 cars and had a net cash position of 959 million euros. Ferrari and its sister ...

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