Report
Anthony Dick ...
  • Michael Foundoukidis

Ferrari : Unshakeable

>Stellar Q1 ahead of forecasts, guidance confirmed and already conservative - Ferrari reported yesterday during trading hours another stellar set of results (record EBIT margin of 26.9%, +100bp y-o-y) ahead of even the most optimistic forecasts (EBIT +9% vs the recently upgraded Visible Alpha css, +6% vs ODDO BHF, EPS +12%/+9%). Buoyed by intact demand (record order backlog that stretches out to 2025, or even 2026 for some models such as the SUV) and still very strong...
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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