Ferrari said to set production boost as supercar demand jumps [MSN Money]
Ferrari N.V. Common Shares (RACE)
Last ferrari n.v. common shares earnings: 2/4 05:58 am
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corporate.ferrari.com/en/investors
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Source: MSN Money
© Bloomberg/Bloomberg (Bloomberg) -- Ferrari NV, fabled for its fast cars on roads and race tracks, is packing some extra speed into its factories, too. Popular Searches The Italian supercar maker, spun off from Fiat Chrysler Automobiles NV in 2016, plans to boost production by doubling assembly shifts to two a day in 2018 as deliveries are on pace to reach its 9,000-vehicle target a year earlier than scheduled, according to people familiar with the matter, who asked not to be named as the matter isn’t public. A Ferrari spokesman declined to comment. The increase is part of Chief Executive Officer Sergio Marchionne’s plan to boost profit by expanding Ferrari’s line-up while maintaining the exclusivity of its $200,000-and-up models. Marchionne, 65, will present the carmaker’s latest mid-term strategy early next year, his final one at the helm of the Italian iconic brand. The plan will include Ferrari’s first-ever sport utility vehicle as it
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News
- Ferrari: Valuation Revving Up Into The Red RPM Zone [Seeking Alpha]Seeking Alpha
- FERRARI TO ANNOUNCE FIRST QUARTER 2024 FINANCIAL RESULTS ON MAY 7GlobeNewswire
- Ferrari (NYSE: RACE) had its "overweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $400.00 price target on the stock.MarketBeat
- Ferrari (NYSE: RACE) had its price target raised by analysts at Evercore ISI from $430.00 to $465.00. They now have an "outperform" rating on the stock.MarketBeat
- Ferrari N.V.: Periodic Report on the Buyback ProgramGlobeNewswire
RACE
Earnings
- 2/1/24 - Beat
RACE
Sec Filings
- 4/22/24 - Form 6-K
- 4/22/24 - Form 6-K
- 4/17/24 - Form 6-K
- RACE's page on the SEC website