Ferrari Reports Strong First-Quarter Profit
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FerrariCNBC
•Technology
Technology
Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit

75% Informative
Ferrari posted net profit of 412 million euros ( $466.3 million ) for the first three months of the year , reflecting a 17% increase from the same period last year .
CEO Benedetto Vigna : " Another year is off to a great start" Luxury carmakers are contending with the disruptive impact of Trump 's back-and-forth trade tariff policy.
Several European auto giants reported a sharp downturn in quarterly profit this earnings season .
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