Ferrari: plans to resume production from 14 April
(CercleFinance.com) - Ferrari now plans to resume production at its Maranello and Modena plants from 14 April, the Italian premium sports carmaker said on Friday.
While acknowledging the "huge uncertainty" and "lack of predictability" surrounding the Covid-19 pandemic, the company said it is taking "all appropriate actions" to assure the wellbeing and welfare of its employees.
Ferrari also said it needs to act "in the best interest" of its shareholders.
The company expects that it will be able to provide further financial guidance to the investment community during its first quarter earnings' call on 4 May.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
While acknowledging the "huge uncertainty" and "lack of predictability" surrounding the Covid-19 pandemic, the company said it is taking "all appropriate actions" to assure the wellbeing and welfare of its employees.
Ferrari also said it needs to act "in the best interest" of its shareholders.
The company expects that it will be able to provide further financial guidance to the investment community during its first quarter earnings' call on 4 May.
Copyright (c) 2020 CercleFinance.com. All rights reserved.