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.
Markets Performance
Official Data PartnerCommodities
| Future | Last | % Change |
|---|---|---|
| Gold | 1,982.10 | -- |
| Copper | 786.30 | 0.36% |
| Brent Crude Oil | 75.28 | 0.39% |
| CBOT Soybeans | 1,428.25 | -- |
Stocks
| Index | Last | % Change |
|---|---|---|
| S&P 500 | 3,970.99 | 0.56% |
| Euro STOXX 50 | 4,130.62 | 1.82% |
| FTSE 100 | 7,405.45 | 1.26% |
| Nikkei 225 | 27,385.25 | -- |
Source: Refinitiv, an LSEG business - data delayed by at least 15 minutes