Robust demand drives bonuses for Ferrari employees

Ferrari is paying its employees the biggest bonus in years after the luxury carmaker beat sales and profit expectations. 

About 5,000 workers will get as much as €13,500 about R251,289) this year, according to CEO Benedetto Vigna. That’s a 12.5% increase over last year’s bonus.

Earlier on Thursday, the Italian manufacturer hiked its outlook for 2023 amid robust demand for new models, such as the Purosangue crossover. It reported fourth-quarter sales and operating profit that beat analyst estimates.

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