Ferrari reported a 46% increase in third-quarter profit compared to the previous year, as wealthy customers continued to choose expensive “personalization” options for their cars. The luxury automaker raised its guidance for the full year, expecting revenue of around €5.9 billion ($6.3 billion) and per-share profit of at least €6.55. CEO Benedetto Vigna attributed the boost in outlook to a richer product mix and strong demand for personalizations. Ferrari’s net profit for the quarter was €332 million, with an EBIT margin of 27.4%. The company shipped 3,459 vehicles, up 9% from the previous year.
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