So CBR had a strong run today.
listened to the Ferrari result.
https://edge.media-server.com/mmc/p/ed7ospy6%20
Worth a listen - key takeaways
- order book has built strongly; particularly orders in June and July after a soft April and May
- Stradale waiting times (for customers) now >18 months
- Ferrari are looking for production catch-up for rest of the year to partially offset loss of 7 weeks in April / May
- this will involve working adding Saturday shifts and Ferrari are beginning to accumulate parts from suppliers to fulfil production
- customer cancellations negligible so far; far better than what Mgt had anticipated
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So CBR had a strong run today. listened to the Ferrari...
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