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Tag: Ferrari
Ferrari – Record 2022 Results With Expanding Demand. The Order Book Sustains an Even Stronger 2023
Total shipments of 13,221 units, up 18.5% versus FY 2021 Net revenues of Euro 5,095 million, up 19.3% versus prior year EBITDA(1) of Euro 1,773 million, up 15.8% versus prior year EBIT of Euro 1,227 million, up 14.1% versus prior year EBITDA(1) margin of 34.8% and EBIT margin of 24.1% in the year Net profit… Continue reading Ferrari – Record 2022 Results With Expanding Demand. The Order Book Sustains an Even Stronger 2023
German Handelsblatt: Chart of the day: Record for shares in Porsche AG006141
Porsche AG The sports car manufacturer was also able to benefit from good figures from its competitor Ferrari. (Photo: Bloomberg) The shares of the sports car manufacturer Porsche AG reached a record high on Thursday. The shares rose on the Xetra trading platform by 4.2 percent to EUR 114.10. The previous record high of 112.15… Continue reading German Handelsblatt: Chart of the day: Record for shares in Porsche AG006141
Ferrari raises outlook after record-breaking 2022
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Ferrari raises outlook after record-breaking 2022
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Summary Companies Adjusted core profit rose 16% to 1.77 bln euros last year Forecasts EBITDA of 2.13 bln to 2.18 bln euros in 2023 Says orders for Purosangue four-seater are beyond expectations MILAN, Feb 2 (Reuters) – Ferrari (RACE.MI) expects “even stronger” results this year, it said on Thursday after reporting a 16% jump in… Continue reading Untitled
@Ferrari: Ferrari – Record 2022 Results With Expanding Demand. The Order Book Sustains an Even Stronger 2023000287
Total shipments of 13,221 units, up 18.5% versus FY 2021 Net revenues of Euro 5,095 million, up 19.3% versus prior year EBITDA(1) of Euro 1,773 million, up 15.8% versus prior year EBIT of Euro 1,227 million, up 14.1% versus prior year EBITDA(1) margin of 34.8% and EBIT margin of 24.1% in the year Net profit… Continue reading @Ferrari: Ferrari – Record 2022 Results With Expanding Demand. The Order Book Sustains an Even Stronger 2023000287
Geely’s Lotus going public via SPAC at $5.4 billion valuation
Lotus Technology, the electric-car maker owned by China’s Zhejiang Geely Holding Group Co., agreed to merge with a blank-check company in a transaction that values the combined entity at about $5.4 billion. L Catterton Asia Acquisition Corp. will combine with the EV making subsidiary of the British carmaking group that Geely acquired back in 2017,… Continue reading Geely’s Lotus going public via SPAC at $5.4 billion valuation
@Ferrari: FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM000286
Maranello (Italy), February 1, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on December 1, 2022, as the second tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading @Ferrari: FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM000286
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), February 1, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on December 1, 2022, as the second tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
From the archive: on this day in 1954
Sorry, Formula 1 in January? Yes, from 1954 to 1958, the season began in Argentina, four months before the European tour started. The nation’s first championship grand prix was historic because it was the first outside Europe, the first under the 2.5-litre formula (after two years of F2 cars having to be used) and fantastic… Continue reading From the archive: on this day in 1954