Ferrari reported a 21% increase in full-year net profit for 2024, reaching 1.53 billion euros, with net revenues up nearly 12% to 6.7 billion euros and EBITDA at 2.56 billion euros. The company’s Milan-listed shares rose 4.5%, while U.S.-listed shares saw a 5% increase. Ferrari expects net revenues to rise by 5% to over 7 billion euros in 2025 and core earnings to grow by at least 5%. CEO Benedetto Vigna attributed the positive results to a strong product mix and growing demand for personalizations, with analysts anticipating Ferrari to outperform the automotive sector amid potential U.S. tariffs.
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Boyzone's Song 'No Matter What' Was Actually Originally Written For This Musical
Stephen Gately, Mikey Graham, Keith Duffy, Ronan Keating, and Shane Lynch of Boyzone covered the hit song 'No Matter What,' originally intended for Andrew Lloyd Webber's musical 'Whistle Down The Wind.' Late member Stephen Gately was passionate about the group covering the song, propelling them to international success. Despite initial reluctance from the record company and manager Louis Walsh, the song became the best-selling single by an Irish act in the UK. Full Article
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