Ferrari Profits Slipped In 2020, But Electric Threat Looms. “Ferrari’s core business is flourishing. But faces an existential challenge and a very large opportunity in the form of electric vehicles” Ferrari, with its beautiful, high-powered and impossibly expensive dream machines, might finally be confronting a challenge that can’t be solved by a more powerful V8 […]
Ferrari Shares Resume Advance, Shaking Off Leadership Worries. “Manley isn’t Italian, and surely wouldn’t be interested in what would be a huge demotion” Legendary supercar maker Ferrari’s share price wobbled a bit after news its CEO Louis Camilleri had quit, but quickly resumed an upward trend as rumors swirled about the likely replacement. Ferrari shares […]
Most Investors Expect Ferrari’s Financial Strength To Continue. For all its magnificence as a business, Ferrari remains a very expensive stock Ferrari, legendary sports-car maker for the rich and famous, produced another stellar financial report, the share price zoomed and most investors were happy. Ferrari’s share price suggests it is classed as a luxury goods […]
Ferrari’s Portofino Has More Power, 8-speed Gearbox, Costs 4% More. “Ferrari has struggled from coronavirus, but not as badly as mainstream auto makers” Ferrari unveiled its new Portofino M, a convertible sports car which boasts a 612-hp turbo-charged 3.9 liter V8 motor, and an 8-speed gearbox. The previous Portofino made do with 592 hp and […]
Ferrari Shrugs Off Coronavirus: Electric Cars, SUVs Could Transform Future. “In many ways 2020 earnings do not matter, only the magnitude of the rebound in 2021” Some investors think Italian luxury sports-car maker Ferrari might be losing its allure, while others see long-term sales bounding ahead as it rides the electric car wave and embraces […]
Ferrari Profit Eases, As Mainstream Autos Skid Off The Track. “Our negativity is more related to future orders than 2020 disruption” Things must be really bad in the coronavirus-weakened world economy. The super-rich are apparently hesitating for a second or two before deciding to splurge between $180,000 and $450,000 on a new Ferrari. That’s the […]
Ferrari Hiccup In 2020, Before Blasting Back Into The Fast Lane. “we do not expect the business to escape completely unscathed” Amid the debris of the global automotive industry, Italian luxury sports-car maker Ferrari is expected to race on confidently after swerving past relatively minor obstacles. The mainstream European auto industry is on its knees, […]
No Stopping Ferrari Profit Acceleration. “We continue to worry about the supercar market and residuals – but the business just keeps performing,” The cliché used to justify the massive costs of Formula 1 Grand Prix racing used to be – Win on Sunday, Sell on Monday, but Ferrari is proving that no longer holds true. […]
Ferrari Profits Race, But Investors Worry About Brand Damage. “Ferrari’s long term earnings power is under-appreciated given significant pricing power, under-penetrated markets and upside to volumes” Investors in normal, run-of-the-mill car manufacturers would be hard pressed to find anything negative to say about results which showed revenues up 13% and profits growing even faster. But […]
Ferrari Reports Higher Profits, Raises Target For The Year. “At some point, perhaps one of Ferrari’s core models will fall short. But until that (distant?) day, the music will play on” Italian luxury sports-car maker Ferrari reported strong financial results and investors, despite having misgivings about a car company with a high, luxury-sector share value, […]
