|Bid||0.00 x 1800|
|Ask||0.00 x 800|
|Day's Range||267.80 - 270.00|
|52 Week Range||167.45 - 274.08|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||68.01|
|Earnings Date||Jan 31, 2018 - Feb 05, 2018|
|Forward Dividend & Yield||1.44 (0.54%)|
|Ex-Dividend Date||Apr 19, 2022|
|1y Target Est||281.89|
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MILAN (Reuters) -The head of Ferrari on Monday welcomed plans to exempt cars that run on e-fuels from the European Union's planned 2035 phase-out of new combustion engine vehicles as they will give the luxury carmaker "greater freedom" on its power systems. The European Union and Germany have reached a deal allowing new cars powered by combustion engines (ICE) to be sold beyond the 2035 deadline, or 2036 for so-called small volume manufacturers like Ferrari, if they run on carbon-neutral e-fuels. "The good news for us as a company (...) is that on top of electric cars, we'll also be able to go on with our internal combustion engines ones," CEO Benedetto Vigna told a Reuters Newsmaker event.