Brief: Piaggio H1 EBITDA Up To EUR 152.2 Mln

Piaggio & C SpA

28/07/2022 11:48

July 28 (Reuters) - Piaggio & C SpA  PIA.MI :
    * PIAGGIO - H1 EBITDA 152.2 MILLION EURO, THE STRONGEST
RESULT
ACHIEVED IN THE FIRST HALF, WITH ANINCREASE OF 5.3% (144.6
€/MILLION AT 30.06.2021). EBITDA MARGIN 14.5%
    * PIAGGIO -  H1  NET SALES 1,053.1 MILLION EURO,AN INCREASE
OF
16.8 % (+12.9%AT CONSTANT EXCHANGE RATES) (901.7 €/MILLION AT
30.06.2021), BEST-EVER FIRST-HALF RESULT
    * PIAGGIO - H1 NET PROFIT 45.2 MILLION EURO, THE BEST
FIRST-HALF
RESULT SINCE 2008, WITH AN IMPROVEMENT OF 3.9% FROM43.5
€/MILLION AT 30.06.2021
    * PIAGGIO -  2022 INTERIM DIVIDEND OF 8.5 EUROCENTS PER
ORDINARY
SHARE (2021 INTERIM DIVIDEND 8.5 EUROCENTS)
    * PIAGGIO - IS PAYING CLOSE ATTENTION TO DEVELOPMENTS IN
RUSSIA –
UKRAINE CRISIS
    * PIAGGIO'S CEO SAYS GROUP WILL CONTINUE ALONG ITS GROWTH
PATH IN
SECOND HALF OF 2022, CONFIRMING INVESTMENTS PLANNED IN NEW
PRODUCTS, FACILITIES, STRENGTHENING COMMITMENT TO ESG ISSUES

Further company coverage:  PIA.MI 

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