Robust Mix Sustained a Strong Start to the Year [Yahoo! Finance]
Ferrari N.V. Common Shares (RACE)
Last ferrari n.v. common shares earnings: 2/4 05:58 am
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Source: Yahoo! Finance
Adjusted EBIT of Euro 442 million, up 14.8% versus prior year, with adjusted EBIT margin of 27.9% Adjusted net profit of Euro 352 million and adjusted diluted EPS at Euro 1.95 Adjusted EBITDA of Euro 605 million, up 12.7% versus prior year, with adjusted EBITDA margin of 38.2% Industrial free cash flow generation of Euro 321 million “The start of the year was very positive: revenues and profits recorded double-digit growth with stable deliveries. This was achieved through an even stronger product and country mix as well as a greater contribution from personalizations. Our value over volume strategy continues to be successful,” said Benedetto Vigna, CEO of Ferrari. “and within this same strategy, the execution of our business plan progresses on schedule, with the enrichment of our product range thanks to the recent launch of the 12Cilindri and 12Cilindri Spider”. (In Euro million, For the three months ended unless otherwise stated) March 31, Change Shipments (in un
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RACE
News
- Ferrari Pricing of Issue of NotesGlobeNewswire
- Ferrari (NYSE: RACE) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAMGlobeNewswire
- Ferrari Announces Offering of NotesGlobeNewswire
- Ferrari (NYSE: RACE) is now covered by analysts at Jefferies Financial Group Inc.. They set a "hold" rating and a $403.00 price target on the stock.MarketBeat
RACE
Earnings
- 5/7/24 - Miss
RACE
Sec Filings
- 5/15/24 - Form S-8
- 5/14/24 - Form 6-K
- 5/13/24 - Form 6-K
- RACE's page on the SEC website