Report
Anthony Dick ...
  • Michael Foundoukidis

Ferrari : Strong start to the season

>Strong Q1 as expected, guidance confirmed - Ferrari reported a good set of Q1 results (EBIT +15% y-o-y), broadly in line with expectations (aside from FCF which was substantially better), reflecting good momentum for the group underpinned by a well-stocked backlog and a rich product pipeline. Momentum is expected to stay strong, backed by the backlog on series models (>12 months), new products coming to market (SUV and Icona early 2023), but also by still-robust orde...
Underlying
Ferrari NV

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Anthony Dick

Michael Foundoukidis

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