P911_p.DE
P911_p.DE- Latest Trade
- trading lower--
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- As of Mar 26 2023. Values delayed up to 15 minutes
- Today's Range
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- 52 Week Range
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BreakingviewsMaserati listing would need more engine power
Maserati says it wants to be more profitable before considering a spinoff from 52 billion euro parent Stellantis . That is sensible. The Italian sports car brand returned to the black in 2021 after a period of losses. But at 8.7% of revenue, Maserati’s 2022 operating margin was less than half the 18% of larger German rival Porsche and about a third of luxury peer Ferrari’s 24%. Chief Executive Davide Grasso promised on Tuesday to boost Maserati’s margins to 15% in the next 12 months. But given its frayed history, this would be too little and too soon to really whet investors’ appetite.
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