Ferrari core profit misses estimates in fourth quarter, lifts 2020 guidance
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MILAN (Reuters) - Ferrari said on Tuesday its fourth-quarter core profit rose 22% to meet the Italian luxury carmaker's upgraded forecasts for last year.Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) came in at 333 million euros (282.88 million pounds) in the fourth quarter, slightly missing a 340 million euro forecast in an analyst poll compiled by Reuters.Ferrari said it planned its adjusted EBITDA to increase to between 1.38-1.43 billion euros this year,..