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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Mark Carney serves poutine in Quebec: 'I'm a bit like Trump. Trump at McDonald's'
On a campaign stop in Granby, Quebec, Liberal leader Mark Carney, alongside local candidate Felix Dionne, served poutine at Cantine Chez Ben, a family-owned restaurant. During the visit, Carney made a playful comparison to U.S. President Donald Trump, remarking, “It’s just like Trump at McDonald’s,” while humorously noting the need for a hat before working behind the counter. Engaging with supporters and customers, Carney also showcased his light-hearted demeanor, joking about the sounds of cheese...
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