Ferrari Q1 profits up 16%, earnings up 17.3%

(ANSA) - ROME, MAY 4 - Ferrari on Wednesday posted first-quarter net profits up 16% to 239 million euros and net earnings up 17.3% to to 1.18 billion euros.
    Total deliveries were also up 17.3%, at 3,251 vehicles.
    EBITDA was 423 million, up 12.5%.
    EBIT was 307 million, up 15.4%.
    CEO Benedetto Vigna said they were "excellent results" and said he was "optimistic on future prospects". (ANSA).