Ferrari Purosangue (Photo by Martyn Lucy/Getty Images)
Since Ferrari was floated off from Fiat in 2016 it has tried to convince investors it should be valued as a high-priced luxury business, not a grubby, industrial manufacturer.
Its latest results show this maker of exotic, luxury sports cars is now firmly in the luxury camp.
With its relentless progress in profits, order books extending for several years, and steady increase in sales never big enough to cut the…
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