By Giulio Piovaccari

MILAN (Reuters) - Ferrari's first all-electric model will be released in October 2026, and its CEO said on Tuesday that the luxury sports car maker's core yield rose 15% in the first quarter and adhered to extensive financial guidance for the year.

CEO Benedetto Vigna said in February that the highly anticipated first electric vehicle (First EV) will be introduced on October 9 at the company's capital markets day, known for its roaring gasoline engine.

Vigna said Ferrari will only showcase the “technical heart” of its electric cars in October, part of a three-phase unveiling process that will eventually premiere globally next spring.

"Delivery... will begin in October 2026," Vigna told analysts on a call after the tribute.

This is the first time that luxury sports car manufacturers give new cars when they attract customers.

An analyst who declined to be named said it sounded like Ferrari's launch plan was delayed because people could have seen the car itself at a conference in October.

However, about three-quarters of the new model after Ferrari's unveiling are typical.

Ferrari plans to continue to supply gasoline and hybrid vehicles as well as electric vehicles in the future. The hybrid model it started selling in 2019 accounts for 51% of Ferrari's sales last year.

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Ferrari warned Tuesday that tariffs proposed by U.S. President Donald Trump could reduce its 2025 profit margin by 50 basis points.

However, unlike several other automakers that have recently directed their automakers, including Mercedes, Ford and Stratlandis, the Italian company retains its forecasts, including full-year earnings (EBITDA) ahead of interest, tax, tax, depreciation and amortization (EBITDA) of at least €2.68 billion ($300.4 billion) ($300.4 billion) and EBITDA Margitda Margin. 38.38.3%.

Bernstein analysts said this is a sign of confidence.

"Ferrari stands out," they said in a statement.

Shares of Milan listed companies rose 1.6%.

Ferrari had core revenue of €693 million in the first quarter, and in a Reuters poll, analysts' consensus forecast was €689 million.

The result is driven by a higher-priced lineup, including the SF90XX family, 12cilindri and 499p modified models, and the increased demand for individual styles demanded by buyers and more profitable markets driven by the Americas.

"We continue to enrich our products," Wigner said.

Ferrari introduced the new 296 Speciale plug-in hybrid model last week and its convertible version, and promised a total of six new models this year, including its first EV.