The Piaggio shareholders' meeting approved the 2012 financial statements, which closed with a 7,3% drop in turnover to 1,406 billion euros and a past net profit from 46,3 million at the end of 2011 to 42,1 million (-9%). At the end of December, net financial debt stood at 391,8 million. The net profit of the parent company Piaggio & CSpA reached 46,2 million euro.
The shareholders' meeting also decided to pay a dividend of 0,092 euro per ordinary share for a total amount of over 33 million euro.
Meanwhile, the Piaggio stock falls on the Stock Exchange, losing 0,68% in Piazza Affari, at €1,901 per share.
