Ferrari shares dropped 11 percent on Wednesday after new CEO Louis Camilleri told analysts in a conference call that profit targets previously announced by his predecessor Sergio Marchionne were "aspirational." Nevertheless, Camilleri will still attempt to reach the targets, which call for an increase in total sales to more than 10,000 units and a...
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Thursday, August 2, 2018
New Ferrari CEO says Marchionne's targets were “aspirational”
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