Ferrari : Illustration of true pricing power
>Solid Q1 figures in line with expectations; 2024 guidance confirmed - Ferrari’s Q1 results, reported during trading yesterday, were solid and for the most part in line with expectations, although EPS was 5% ahead. The group posted strong growth in revenues (€ 1.6bn, +11% y-o-y), earnings (EBIT € 442m, +15% y-o-y / EPS € 1.95, +20% y-o-y) and FCF (€ 321m, +21% y-o-y). The performance was driven in full by the price/mix effect while volumes were flat (3.6k units) ahea...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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