Ferrari reported third-quarter
adjusted earnings before interest and taxes (EBIT) of 227
million euros on Monday, up 11.7% at current currency or 4.4% at
constant currency, due to higher volumes (20 million euros), a
positive mix/price variance (23 million euros), and the first
deliveries of the Ferrari Monza SP1 and SP2. After share
repurchases of 303 million euros and a dividend distribution of
195 million euros, net industrial debt was 369 million euros as
of September 30, 2019, compared to 370 million on December 31,
2018.
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