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Ferrari-California-T

Ferrari posts record 2013 revenue

: Thursday, February 20 - 2014 @ 03:09

Italian supercar maker, Ferrari has said its revenue in 2013 rose 5% to a record €2.3bn, even as deliveries to dealerships of road cars fell 5.4% to 6,922 units, Reuters has reported. Ferrari’s trading profit for the year – earnings before interest, tax and one-time items – rose 8.3% to €363.5m, helping to erode some of parent group Fiat-Chrysler’s losses in Europe. The company will present its latest new model, the California T, at the Geneva car show next month.

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Thursday, February 20- 2014 @ 3:09 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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