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Ferrari pushes back profit goal amid pandemic

GRAND PRIX 247 - 4 May 2021 22:43
Ferrari pushes back profit goal amid pandemic Ferrari pushed back its profit target for next year after delaying investments and some deliveries in the pandemic but stuck to its timetable for a first electric car by 2025. The luxury carmaker famed for its ‘Cavallino Rampante’, or ‘Prancing Horse‘, badge had predicted adjusted core earnings of 1.8-2.0 billion euros ($2.2-$2.4 billion) in 2022. […] The post Ferrari pushes back profit goal amid pandemic appeared first on GRAND PRIX 247.
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