Ferrari Shrugs Off Tariffs With Higher Third-Quarter Profit (2)

Ferrari NV reported robust third-quarter earnings as higher prices and demand for customized cars helped the luxury carmaker defy concerns around US tariffs and weaker China sales.

Net revenue rose 7.4% to €1.77 billion ($2 billion) in the three months through September from a year earlier, the Italian company said Tuesday. Earnings before interest, taxes, depreciation and amortization gained 5% to €670 million. Both results were better than analysts expected.

Deliveries of models including the SF90 XX and 12 Cilindri boosted the result, Ferrari said, as well as more customers going for lucrative personalization options. This helped offset the impact ...