AMSTERDAM – “If market conditions were adequate we will evaluate the increase in production volumes gradually in the coming years,” says the president of Ferrari, Sergio Marchionne, to shareholders attending the first meeting of the company after the separation from Fca. Word appreciated by the market and the title at the Milan Stock rises by 3.2% to EUR 38.7. The board remains Amedeo Felisa, re-elected with 99.1% of the vote, which maintains the position of CEO. “I and Amedeo – said Marchionne – we’ve known for years, it is not old, but even younger. He has the right to do whatever he wants.
What is for sure is that it will never lose its technical support and will be on board in the future also. His experience is valuable for young people, is an eminence grise of technology. ‘ Marchionne confirmed that the goal is “to maintain the exclusivity of the Ferrari brand, and obey all said Enzo Ferrari” making a car less than what the market is demanding. ” However – he added – we believe that the demand for Ferrari is strong and growing, and will seize the opportunities offered by the market.
We would be able to produce 14,000 Ferrari, but you have to increase profitability so weighted, we do not want to jeopardize the exclusivity. ” Beside Marchionne, he remains in council Piero Ferrari and enter John Elkann, Lapo Elkann, Patrizia Grieco (94.7%), Delphine Arnault and Adam Keswick. “No way to move production from Maranello” assures that Marchionne confirms the targets 2016: Net revenues in excess of 2.9 billion Euros, 7,900 deliveries including supercars, net debt to less than 1.95 billion.
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