Ferrari N.V. (RACE – Q1FY20) – Ferrari reduces FY20 guidance in light of COVID-19.

in , on June 8, 2020

Ferrari is yet to bring four models to market that were launched in 2019. Due to the lockdown, the sales were delayed and the company expects to ramp up the production in 2HFY20. The four deliveries of the F8 Spider will commence in Q2FY20. The 812 GTS will follow at the end of Q2FY20. The SF90 Stradale after the summer, while the Ferrari Roma will come to the market at the end of the year.

Executive Summary

Financial Statements

– Income Statement and Forecast
– Balance Sheet
– Cash Flow
– Q1FY20 Results – Overview
– Q1FY20 – Shipment.
– Segment Performance
– FY20 – Guidance and Conclusion

Historical Performance

– Key Ratios
– Profitability Ratios, Asset Turnover Ratio, Growth Ratio
– Per share data
– P/E band

Product Performance and Key Developments

– Ownership
– Competitors

Valuation and Consensus Performance

– Relative Valuation
– Analyst Recommendations

Market Price Performance

CrispIdea Coverage

 

Release Information

  • Released
    :

    June 8, 2020

  • Last Updated
    :

    June 8, 2020