RACE May 2024 260.000 call
| Previous close | 83.00 |
| Open | 83.00 |
| Bid | 156.20 |
| Ask | 160.20 |
| Strike | 260.00 |
| Expiry date | 2024-05-17 |
| Day's range | 83.00 - 83.00 |
| Contract range | N/A |
| Volume | |
| Open interest | 2 |
ReutersFerrari sticks to 2024 guidance after Q1 earnings rise, shares fall
MILAN (Reuters) -Ferrari's core earnings rose 13% in the first quarter but its shares fell on Tuesday as the luxury sports car maker confirmed its full-year forecasts, failing to excite investors despite what its CEO called a "very positive" start of the year. The Italian company said its quarterly results were boosted by pricing power, the mix of product sales, and a greater contribution from personalised vehicles. Chief Executive Benedetto Vigna said Ferrari had produced double-digit growth for both revenue and profits despite stable car deliveries.
GlobeNewswireRobust Mix Sustained a Strong Start to the Year
Robust Mix Sustained a Strong Start to the Year Net revenues of Euro 1,585 million, up 10.9% versus prior year, with total shipments of 3,560 units $1flat versus Q1 2023Adjusted EBIT(1) of Euro 442 million, up 14.8% versus prior year, with adjusted EBIT(1) margin of 27.9%Adjusted net profit(1) of Euro 352 million and adjusted diluted EPS(1) at Euro 1.95Adjusted EBITDA(1) of Euro 605 million, up 12.7% versus prior year, with adjusted EBITDA(1) margin of 38.2%Industrial free cash flow(1) generatio
Globe NewswireFerrari N.V.: Periodic Report on the Buyback Program
Maranello (Italy), May 6, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fourth Tranche”), the additional common shares - reported in aggregate form, on a daily
