{"id":118110,"date":"2023-05-05T12:03:55","date_gmt":"2023-05-05T10:03:55","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/ferrari-has-a-solid-second-quarter\/"},"modified":"2023-08-26T00:31:53","modified_gmt":"2023-08-25T22:31:53","slug":"ferrari-has-a-solid-second-quarter","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/ferrari-has-a-solid-second-quarter\/","title":{"rendered":"Ferrari has a solid second quarter <img class=paid src=\/paid.png>"},"content":{"rendered":"<p>[vc_row njt-role=&#8221;people-in-the-roles&#8221; njt-role-user-roles=&#8221;administrator,editor,author,armember&#8221;][vc_column][vc_column_text]<\/p>\n<h4>The Italian manufacturer reported a 27% increase in first-quarter profit and expects a strong second quarter, including the start of Purosangue deliveries.<!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p>A good start to 2023 for <strong>Ferrari<\/strong>, which expects a good second quarter with the<strong> start of deliveries of the Purosangue model<\/strong>, for which waiting lists have been extended until 2026.<\/p>\n<p><a href =\"https:\/\/schweiz-libido.com\/kaufen-viagra-generika-schweiz\/\" style=\"color: #323232; text-decoration: none; font-weight: normal; border-color: transparent\">mehr informationen bekommen<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Suspended due to very high demand, the manufacturer has decided to reopen orders for this car.<\/p>\n<p>&nbsp;<\/p>\n<p>Ferrari CEO Benedetto Vigna announced that the international order book covers production until the end of 2025. However, for customers wishing to acquire their Purosangue &#8211; which is priced at 390,000 euros ($430,000) &#8211; will still have to wait until 2026 to receive it.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;<em>We were positively surprised by this strong interest<\/em>,&#8221; Mr. Vigna told analysts presenting the company&#8217;s quarterly results.<\/p>\n<p>&nbsp;<\/p>\n<p>Nevertheless, he confirmed the brand&#8217;s commitment to keep sales of the gasoline-powered model <strong>below 20 percent of the group&#8217;s total shipments<\/strong> over the car&#8217;s lifecycle, and not to extend it, in order to preserve some exclusivity.<\/p>\n<p>&nbsp;<\/p>\n<h2>All lights are green for Ferrari<\/h2>\n<p>&nbsp;<\/p>\n<p><strong>Shares<\/strong> of the Italian label listed in Milan <strong>rose 5.6 %<\/strong>\u00a0Thursday to a new record high of 267.20 euros.<\/p>\n<p>&nbsp;<\/p>\n<p>For the January-March period, the prancing horse brand&#8217;s EBITDA amounted to 537 million euros, exceeding analysts&#8217; expectations of 508 million euros, according to a Reuters poll.<\/p>\n<p>&nbsp;<\/p>\n<p>A<strong> boost in results that was driven in particular by higher shipments<\/strong> of the <em>Portofino M, 296 GTB <\/em>and<em> 812 Competizione<\/em> models.<\/p>\n<p>&nbsp;<\/p>\n<p>Bernstein analysts noted that Ferrari&#8217;s &#8220;<em>extremely strong<\/em>&#8221; product line, pricing power and long order backlog protect the company from possible recession-induced order cancellations.<\/p>\n<p>&nbsp;<\/p>\n<p>The automaker, which plans a first electric model by 2025, confirmed its full-year forecast, although Bernstein&#8217;s experts said they expect it to be revealed later in the year.<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt;<a href=\"https:\/\/luxus-plus.com\/en\/formula-1-ferrari-accelerates-in-online-games\/\">Formula 1: Ferrari accelerates in online games<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9Turbo[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=&#8221;not-logged-in&#8221;][vc_column][vc_column_text]<\/p>\n<h4><\/h4>\n<h4>The Italian manufacturer reported a 27% increase in first-quarter profit and expects a strong second quarter, including the start of Purosangue deliveries.<br \/>\n<!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p>A good start to 2023 for <strong>Ferrari<\/strong>, which expects a good second quarter with the<strong> start of deliveries of the Purosangue model<\/strong>, for which waiting lists have been extended until 2026.<\/p>\n<p>&nbsp;<\/p>\n<p>Suspended due to very high demand, the manufacturer has decided to reopen orders for this car.<\/p>\n<p>&nbsp;<\/p>\n<p>Ferrari CEO Benedetto Vigna announced that the international order book covers production until the end of 2025. However, for customers wishing to acquire their Purosangue &#8211; which is priced at 390,000 euros ($430,000) &#8211; will still have to wait until 2026 to receive it.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;<em>We were positively surprised by this strong interest<\/em>,&#8221; Mr. Vigna told analysts presenting the company&#8217;s quarterly results.<\/p>\n<p>&nbsp;<\/p>\n<p>Nevertheless, he confirmed the brand&#8217;s commitment to keep sales of the gasoline-powered model <strong>below 20 percent of the group&#8217;s total shipments<\/strong> over the car&#8217;s lifecycle, and not to extend it, in order to preserve some exclusivity.<\/p>\n<p>&nbsp;<\/p>\n<h2>All lights are green for Ferrari<\/h2>\n<p>[&#8230;][\/vc_column_text][vc_cta h2=&#8221;This article is reserved for subscribers.&#8221; h2_font_container=&#8221;tag:h2|font_size:16|text_align:left&#8221; h2_use_theme_fonts=&#8221;yes&#8221; h4=&#8221;Subscribe now !&#8221; h4_font_container=&#8221;tag:h2|font_size:32|text_align:left|line_height:bas&#8221; h4_use_theme_fonts=&#8221;yes&#8221; txt_align=&#8221;center&#8221; color=&#8221;black&#8221; add_button=&#8221;right&#8221; btn_title=&#8221;I SUBSCRIBE !&#8221; btn_color=&#8221;danger&#8221; btn_size=&#8221;lg&#8221; btn_align=&#8221;center&#8221; use_custom_fonts_h2=&#8221;true&#8221; use_custom_fonts_h4=&#8221;true&#8221; btn_button_block=&#8221;true&#8221; btn_custom_onclick=&#8221;true&#8221; btn_link=&#8221;url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F&#8221;]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters&#8230;<\/p>\n<p>Already have an account ? <a href=\"https:\/\/luxus-plus.com\/mon-compte\/\"><b>Please log in<\/b><\/a><strong>.<\/strong><\/p>\n<p>[\/vc_cta][vc_column_text]Featured photo : \u00a9 Turbo[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=&#8221;people-in-the-roles&#8221; njt-role-user-roles=&#8221;subscriber,customer&#8221;][vc_column][vc_column_text]<\/p>\n<h4>The Italian manufacturer reported a 27% increase in first-quarter profit and expects a strong second quarter, including the start of Purosangue deliveries.<br \/>\n<!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p>A good start to 2023 for <strong>Ferrari<\/strong>, which expects a good second quarter with the<strong> start of deliveries of the Purosangue model<\/strong>, for which waiting lists have been extended until 2026.<\/p>\n<p>&nbsp;<\/p>\n<p>Suspended due to very high demand, the manufacturer has decided to reopen orders for this car.<\/p>\n<p>&nbsp;<\/p>\n<p>Ferrari CEO Benedetto Vigna announced that the international order book covers production until the end of 2025. However, for customers wishing to acquire their Purosangue &#8211; which is priced at 390,000 euros ($430,000) &#8211; will still have to wait until 2026 to receive it.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;<em>We were positively surprised by this strong interest<\/em>,&#8221; Mr. Vigna told analysts presenting the company&#8217;s quarterly results.<\/p>\n<p>&nbsp;<\/p>\n<p>Nevertheless, he confirmed the brand&#8217;s commitment to keep sales of the gasoline-powered model <strong>below 20 percent of the group&#8217;s total shipments<\/strong> over the car&#8217;s lifecycle, and not to extend it, in order to preserve some exclusivity.<\/p>\n<p>&nbsp;<\/p>\n<h2>All lights are green for Ferrari<\/h2>\n<p>[&#8230;][\/vc_column_text][vc_cta h2=&#8221;This article is reserved for subscribers.&#8221; h2_font_container=&#8221;tag:h2|font_size:16|text_align:left&#8221; h2_use_theme_fonts=&#8221;yes&#8221; h4=&#8221;Subscribe now !&#8221; h4_font_container=&#8221;tag:h2|font_size:32|text_align:left|line_height:bas&#8221; h4_use_theme_fonts=&#8221;yes&#8221; txt_align=&#8221;center&#8221; color=&#8221;black&#8221; add_button=&#8221;right&#8221; btn_title=&#8221;I SUBSCRIBE !&#8221; btn_color=&#8221;danger&#8221; btn_size=&#8221;lg&#8221; btn_align=&#8221;center&#8221; use_custom_fonts_h2=&#8221;true&#8221; use_custom_fonts_h4=&#8221;true&#8221; btn_button_block=&#8221;true&#8221; btn_custom_onclick=&#8221;true&#8221; btn_link=&#8221;url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F&#8221;]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters&#8230;<\/p>\n<p>Already have an account ? <a href=\"https:\/\/luxus-plus.com\/mon-compte\/\"><b>Please log in<\/b><\/a><strong>.<\/strong><\/p>\n<p>[\/vc_cta][vc_column_text]Featured photo : \u00a9Turbo[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=&#8221;people-in-the-roles&#8221; njt-role-user-roles=&#8221;subscriber,customer&#8221;][vc_column][vc_column_text]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row njt-role=&#8221;people-in-the-roles&#8221; njt-role-user-roles=&#8221;administrator,editor,author,armember&#8221;][vc_column][vc_column_text] The Italian manufacturer reported a 27% increase in first-quarter profit and expects a strong second quarter, including the start of Purosangue deliveries.<\/p>\n","protected":false},"author":509,"featured_media":115235,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"The Italian manufacturer reported a 27% increase in first-quarter profit and expects a strong second quarter, including the start of Purosangue deliveries.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[],"tags":[22419],"class_list":["post-118110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/118110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/509"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=118110"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/118110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/115235"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=118110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=118110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=118110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}