Ferrari NV (RACE) Update: Floor It – ValueWalk Premium
Ferrari

Ferrari NV (RACE) Update: Floor It

Ferrari NV (RACE) Update: Floor It by Greenwood Investors
We’ve posted a new note in The Grove updating our research on Ferrari. Given disclosures made by the company over the last month, we’ve upgraded our near-term earnings profile of Ferrari.  We now expect EBIT to double in the next 12 months, and surpass €1 billion by 2017, two years earlier than we had initially expected. By next year, Ferrari will have best-in-class EBIT margins, besting out LVMH, Prada, Richemont and . . .

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