Yesterday, Ferrari raised its 2025 targets for revenues and adjusted EBITDA, aiming to increase these profits by about one-third by 2030.

The company expects its net revenues this year to reach or exceed 7.1 billion euros (8.24 billion dollars), compared to the previous target of 7 billion euros or more.

Adjusted EBITDA is expected to reach 2.72 billion euros or more, compared to previous expectations of 2.68 billion euros or more. Ferrari expects its revenues to rise to nearly 9 billion euros by 2030.