A procession of new models will continue to boost earnings at Ferrari, the Italian luxury sports car maker said on Thursday, as it promised “even stronger” results this year after a 16% jump in 2022 core earnings.

Deliveries jumped almost a fifth to 13,221 cars last year, led by the established Ferrari Portofino M and the SF90 family models, as well as the 296 GTB and 812 Competizione. China saw the strongest growth, with shipments jumping 73% to 1,552 cars.

Ferrari said it would launch four models this year, adding to the new 390,000 euro ($428,000) Purosangue four-seater which will start being delivered to customers in the second quarter.

“Our order book is robust, it covers all this year and good part of the next one,” Chief Executive Benedetto Vigna said.

“Purosangue ordering has been extraordinarily high; well beyond expectations.”

Third Bridge analyst Orwa Mohamad said the new Purosangue would increase Ferrari’s customer base in 2023.

“Ferrari reported a strong performance with attractive profit margins and one of the most significant volume increases over the last 10-12 years,” he said.