On the road as in sales, Ferrari goes fast, very fast. The year is barely begun the brand with the prancing horse has already sold almost all of its production in 2018 and even a portion of that of 2019.
He only has a few copies of the GTC4 Lusso, his family car, explained the general director of the firm, Sergio Marchionne, on the occasion of the publication of the quarterly results, Thursday, May 3. “Everything else is gone,” he said.
Markets appreciate
Logically enough, Ferrari has exceeded all expectations in the first quarter of 2018. In detail, shipments grew by 6.25% to 2,128 vehicles. The turnover increase by 1.3% to 831 million euros, and by 6.3% to exchange rate constant.
Above all, the firm of Maranello publishes a gross operating surplus adjusted by 272 million euros (+ 13%), an average of 10 million euros more than the forecasts of analysts surveyed by Bloomberg.
As a result, the price of the builder jumped up 6.6%, to a record exchange rate of 112.25 euros, in trading on Friday at the Milan Stock Exchange. Valuing the company 20.7 billion euros.
Towards electrification
Ferrari on a good track for the year and the future, Sergio Marchionne can calmly prepare the five-year plan he will present in September. This should include, in particular, details on the development of the Italian brand in segments such as hybrid cars.
For the moment, the Italian manufacturer sells in this register only the “LaFerrari”. In an interview with Bloomberg at the end of April, the managing director announced that he was testing a hybrid vehicle that could “behave silently”.
“We are developing vehicles that will show the power of electrification,” said Sergio Marchionne. A new speech that did not fail to attract attention even as Ferrari does not plan to produce 100% electric before 2022. Less than two, Marchionne still considered this idea “almost grotesque”.