The Brexit without agreement puts at risk the exports of Italian companies for a figure that is around 23 billion euros.
It is not necessarily bad news, as this apparent disaster could instead be the driving force for new investments in Italy by foreign companies.
Apart from the food sector that is still affected by the Brexit projection could recover after the first moment of shock, for machinery, automotive, fashion and furniture does not seem that the projections are optimistic.
Looking then to the individual groups, they do substantial business in Great Britain, among others, FCA, Ferrari, Leonardo, Granarolo, Lunelli and Campari, rather than Luxottica, just to mention some of the most important names that, in some cases, have already started to be affected by the uncertainties of Brexit. FCA, for example, after an already problematic 2017 has seen the registrations of the Fiat, Alfa Romeo, Jeep, Abarth and Maserati brands in 2018 to 52,855 cars in all against the 61,994 of the previous year (-14.7% against a decline average of the British market by 6.8%).
Ferrari, which in the United Kingdom has a network of 13 dealers, until the end of 2017 has seen sales continue to grow double-digit thanks to the success of models such as the 488, the GTC4Lusso 812 Superfast. So in Maranello, which already in October has raised its list prices by an average of 7% (also to balance the weakening of the pound), for now cross fingers.
It does not seem to be affected by the risk of Brexit even Leonardo, present on the market through the 100% subsidiary AgustaWestland (helicopters) and a few days ago signed a contract with the English Ministry of Defense for the provision of full support and maintenance services for the fleet of Apache AH Mk.1 helicopters worth approximately 293 million pounds (about 325 million euros). In the United Kingdom, Leonardo also provides integrated operational support and training services for the fleet of AW159 Wildcat and AW101 Merlin military helicopters through multi-year contracts that will obviously not fall for any Brexit outcome.
