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Thread "Ferrari/Maserati Financial Results" in the European Cars forum.
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Old Aug 27, 2004, 6:40 PM   #1
Malin
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Default Ferrari/Maserati Financial Results

it looks like it gone be a good year for Maserati . i think that ferrari is very happy now


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The Sector had revenues of 399 million euros in the second quarter of 2004. The increase of 17.4% over the same period last year reflects strong demand for Ferrari branded cars (unit sales up 14%) and rising shipments of Maserati models (+52%), which were buoyed by the success of theQuattroporte.
The appreciation of the euro versus the U.S. dollar (negative currency translation difference of about 15 million euros) and a sharp increase in R & D expenditures for new Maserati models are the main reasons for the operating loss of 12 million euros.
The order backlog is very strong, particularly for the Ferrari 612 Scaglietti and the Maserati Quattroporte, with orders already covering their entire 2004 production run.
http://www.ferrariownersclub.co.uk/h...2q_results.asp
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Old Aug 27, 2004, 7:01 PM   #2
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I’m not surprised
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Old Aug 28, 2004, 4:14 AM   #3
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i'm not surprised either tbh, i think the sales are just showing ferrari the truth.
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Old Aug 28, 2004, 4:20 AM   #4
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Malin, do you own stocks in Maserati?
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Old Aug 28, 2004, 4:27 AM   #5
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yes i have stocks in Ferrari-Maserati Group so i am happy with the result
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Old Aug 28, 2004, 4:43 AM   #6
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yes i have stocks in Ferrari-Maserati Group so i am happy with the result
Good investment
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Old Aug 28, 2004, 11:26 AM   #7
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Niiiiice...looks like Ferrari is gonna be makin' some serious paper come November!

The fact that an automobile company as small as Ferrari made that much in revenues is pretty damn impressive. Most companies in general don't see increases like 15% or higher unless they release big, highly anticipated stuff. And while the Enzo could certainly classify as being part of that group, the sales of sheer cars is a big increase too.

BTW, I'm getting some stock in McLaren if I can this fall, as well as Ford, only because with Ford I can buy low and sell high, and it'll be easy to do that right now with them.
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Old Aug 28, 2004, 6:25 PM   #8
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Quote:
Originally Posted by Ghalos
Niiiiice...looks like Ferrari is gonna be makin' some serious paper come November!

The fact that an automobile company as small as Ferrari made that much in revenues is pretty damn impressive. Most companies in general don't see increases like 15% or higher unless they release big, highly anticipated stuff. And while the Enzo could certainly classify as being part of that group, the sales of sheer cars is a big increase too.

BTW, I'm getting some stock in McLaren if I can this fall, as well as Ford, only because with Ford I can buy low and sell high, and it'll be easy to do that right now with them.
If I had to buy stocks, go with Toyota, since it is expanding and gaining money at a very fast rate.
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Old Aug 28, 2004, 7:00 PM   #9
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I'm only doin' it for fun, buuuut if I really wanted to make some serious bank, Raytheon Inc. is the one I'd buy shares in. They make a good 60% of the arsenal for the USAF along with a large percentage of Army weaponry also, and with Bush in office, his blood lust and hard-on for oil can only mean good things for those companies.

But anyways, is Ferrari going to keep this trend alive??
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Old Aug 29, 2004, 9:24 AM   #10
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I'm not surprised either, Ferrari/Maserati stocks will always gain strength.
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