Ferrari workers in Italy have reached an agreement with the company for an overall salary increase of 6.6% spanning the 2025-2026 period. This agreement aims to help employees mitigate the impact of recent inflation peaks.
The salary adjustments were part of a broader agreement involving Italy's largest automotive groups and unions. This development will result in increased labor costs for Ferrari over the next two years.
While supporting employee welfare, the rise in compensation represents an additional operational expense for the luxury automaker. This factor will be considered in the company's financial planning and profitability outlook for the specified period.
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