Ferrari: “normalization of orders” that goes badly on the stock market

Ferrari: “normalization of orders” that goes badly on the stock market
Ferrari: “normalization of orders” that goes badly on the stock market

Ferrari dropped almost 5% on the Milan Stock Exchange on Wednesday, in reaction to the publication of the high-end car manufacturer’s quarterly accounts. One sentence, in particular, caught the eye of Stifel analysts as part of the slideshow broadcast by the company’s management during the session to explain the figures at the end of March: ” Normalization of the order book in line with expectations “, this while this same order book was judged ” solid on current models in all geographies and covering the year 2025 » during the presentation of data for the last quarter of 2023. Which may constitute a cause for concern, this indicator being considered key in this profession by the financial community.

In particular, the new Ferrari 12Cilindri (twelve cylinders in Italian), built in two versions, coupe and roadster (Spider). Presented with great fanfare during the last Formula 1 grand prix in Miami, it is considered the most beautiful sports car of the year 2024 but will only be available in the last quarter of this year. The car has therefore not yet been able to be ordered over these first three months, or very few. The positive effect of this launch will only be perceptible in the book by 2026.

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