Reports Q3 revenue EUR 1.77B vs. EUR 1.64B last year. “We continue to advance with conviction and strong visibility on our development path. At our Capital Markets Day, we have defined a clear trajectory in the long-term interests of our brand, setting the floor for sustainable growth toward 2030” said Benedetto Vigna, CEO of Ferrari (RACE). “On the product front, we continue to provide our clients with maximum freedom of choice in terms of powertrain. As a leader, we embrace the responsibility to demonstrate that our interpretation of electric technology – embodied in the Ferrari Elettrica – will once again drive innovation”.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RACE:
- Ferrari Completes Eighth Tranche of Share Buyback Program
- Ferrari put volume heavy and directionally bearish
- RACE Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Ferrari signs multi-year partnership deal with crypto exchange BingX
- Ferrari price target lowered to $475 from $580 at Evercore ISI
