Ferrari Plans to Resume Production April 14
Iconic carmaker anticipates it will be positioned to provide financial guidance to investmentors during Q1 earnings call on May 4.
Ferrari announced on March 27 that subject to supply chain continuity the legendary Italian carmaker plans to resume production in Maranello and Modena on April 14.
All activities that can be conducted remotely will reportedly continue to be performed as has been the case in recent weeks. The company says it will continue to cover all days of absence to those unable to take advantage of the WFH situation.
The iconic carmaker anticipates that it will be in a position to provide further financial guidance to the investment community during its first-quarter earnings call on May 4.
“Ferrari remains confident that in view of its brand equity, strong balance sheet, and sound business model it will continue to create value for all stakeholders beyond the near term uncertainties,” said the company in a press statement.