Robust performance leads to upgrading 2019 guidance Ferrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results(5) for the third quarter and nine months ended September 30, 2019, summarized as follows: Total shipments of 2,474 units, up +9.4% Net revenues of Euro 915 million, up +9.2% or +7.1% at constant currency(1) Adj. EBITDA(2) of Euro… Continue reading Solid Q3 2019 on all metrics
Tag: Ferrari
Ferrari looks to capitalize on brand name as it promises faster growth
MILAN (Reuters) – Strong sales of Ferrari’s (RACE.MI) Portofino and 812 Superfast models enabled the Italian luxury carmaker to raise its outlook on Monday, with a new brand strategy promising even more growth. FILE PHOTO: The new Ferrari Portofino is displayed during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12, 2017. REUTERS/Ralph Orlowski/File… Continue reading Ferrari looks to capitalize on brand name as it promises faster growth
Ferrari: Solid q3 2019 on All Metrics. ROBUST PERFORMANCE LEADS TO UPGRADING 2019 GUIDANCE.
Ferrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results(5) for the third quarter and nine months ended September 30, 2019, summarized as follows. Total shipments of 2,474 units, up +9.4%Net revenues of Euro 915 million, up +9.2% or +7.1% at constant currencyAdj. EBITDA of Euro 311 million, up +11.5% with an EBITDA margin of 33.9%Adj.… Continue reading Ferrari: Solid q3 2019 on All Metrics. ROBUST PERFORMANCE LEADS TO UPGRADING 2019 GUIDANCE.
Ferrari forecast turbo-charged by Portofino, Superfast sales
MILAN (Reuters) – Strong sales of Ferrari’s (RACE.MI) Portofino and 812 Superfast models helped the Italian luxury carmaker raise its 2019 forecasts on Monday, powering its shares to a record high. FILE PHOTO: The new Ferrari Portofino is displayed during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12, 2017. REUTERS/Ralph Orlowski/File Photo Ferrari’s… Continue reading Ferrari forecast turbo-charged by Portofino, Superfast sales
James May Buys A New Ride: A Tesla – To Save Combustion-Engined Cars
Don’t get fooled by the red Ferrari cover: this car is green. Well, almost… You most certainly know James May. He is one of the people that make the most famous trio of car reviewers in the world, currently called “The Grand Tour.” Not as polemical as Jeremy Clarkson and not as daring as Richard… Continue reading James May Buys A New Ride: A Tesla – To Save Combustion-Engined Cars
The Bizzarrini 5300 GT Is One of the Most Beautiful Race Cars in the World – Automobile
Double Z, double R—there may not be a more romantic-sounding historical automotive marque than Bizzarrini, so it’s a damn good thing the hundred or so cars the Italian automaker produced in the 1960s are as stupendously dramatic as the name. Despite the brand’s relative obscurity, the name sticks with you. Sometime during my childhood, my… Continue reading The Bizzarrini 5300 GT Is One of the Most Beautiful Race Cars in the World – Automobile
Ferrari: € 4,600 to € 13,500 bonus but beware of absences
5/11Work October 5, 2019 In the competitiveness agreement for the period 2020-2023, the Ferrari productivity premium was extended to all 3,500 workers. The amount, which starts at 4,600 euros, can reach up to 13,500 euros. The “parameters” of reference are the number of cars produced and Ebitda, weighted on the basis of a quality indicator… Continue reading Ferrari: € 4,600 to € 13,500 bonus but beware of absences
Ferrari Opens Tailor Made Center in New York City
Englewood Cliffs New Jersey, 3 October 2019 – Ferrari opens its first Tailor Made Center in the United States today in New York City. The only space of its kind in the Americas, this new Center continues the long-standing tradition of car customization and personalization that began at the factory in Maranello in the 1950s… Continue reading Ferrari Opens Tailor Made Center in New York City
De Tomaso’s Flamboyant New Hypercar Is a Futuristic Tribute to the Marque’s Past – Robb Report
In a world where supercar design seems to have gotten ever more angular, this new hypercar, from resurrected marque De Tomaso, is showing curves worthy of an alpine pass. The P72’s bubbly roof, headlamps and tail view feel almost cartoonish in shape, but get some interesting edge from its glittering copper wheels and other rosy- hued… Continue reading De Tomaso’s Flamboyant New Hypercar Is a Futuristic Tribute to the Marque’s Past – Robb Report
Work, record prizes at Ferrari For employees up to 13 thousand euros
“The extraordinary agreement reached in Ferrari represents a great result in terms of industrial relations and certifies that Ferrari is a champion inside the track and inside the company, a modality that should represent the patrimony of the whole Fca Group”, comments the general secretary of Fim Cisl, Marco Bentivogli. Industrial relations The new competitiveness… Continue reading Work, record prizes at Ferrari For employees up to 13 thousand euros