Ferrari Races to Record First-Quarter Results

The transcript discusses Ferrari's financial performance, highlighting a strong first quarter with a net income of €78 million and revenue exceeding expectations at €675.6 million. It mentions the increase in car shipments to 1882 units and the anticipated leadership change with Sergio Marchionne becoming CEO. The discussion also covers the strategic shift in Ferrari's market approach, with expectations of increased sales volume following Luca's departure, attracting hedge fund interest.

What was Ferrari's net income in the first quarter?

• €78 million

• €65 million

• €90 million

• €100 million

How many units did Ferrari ship in the first quarter?

• 2000 units

• 1900 units

• 1882 units

• 1800 units

Who is expected to become the CEO of Ferrari?

• Luca di Montezemolo

• Neil Grossman

• Sergio Marchionne

• Miller

What is the expected impact of Sergio Marchionne's leadership on Ferrari's sales strategy?

• Focus on electric vehicles

• Increase in sales volume

• Maintaining exclusivity with no change in sales

• Decrease in sales volume

Why are hedge funds and investors interested in Ferrari?

• Due to a merger with another company

• Due to expected decrease in car prices

• Because of anticipated increase in sales volume

• Because of a new car model launch