In the first nine months of 2012, the Piaggio group collected consolidated revenues of 1,112 billion euros, a slightly lower figure than the 1,2 billion in the same period last year. The same goes for net profit which marks a decrease compared to 47,1 million in the first 9 months of 2011, settling at 44,4 million euro.
On the other hand, the Ebitda margin was stable, remaining at 14% while the net financial debt amounted to 365,5 million. In the period considered, the Italian group sold 475.00 vehicles worldwide against 512.000 in the first three quarters of last year, and consolidated its market share in the United States, exceeding 25%, confirming itself as the reference scooter manufacturer.
After the publication of the data, the share of Piaggio fell on the Stock Exchange, which in the afternoon lost 2,19% to 1,79 euros per share.
