Vespa maker Piaggio upbeat on 2023 after record results last year
02/03/2023 11:32
March 2 (Reuters) - Italian motorbike and scooter maker
Piaggio PIA.MI said on Thursday it was confident about its
2023 targets despite a challenging macroeconomic and
geopolitical backdrop, after posting record results last year.
The producer of the iconic Vespa scooters posted a full-year
net profit of 84.9 million euros ($90.22 million), beating the
79.9-million-euro analysts' forecast provided by Refinitiv
SmartEstimate, and up 41.4% from a year earlier.
With revenues of more than 2 billion euros, "the group ended
2022 with its best results ever, setting new records for all
indicators", Chairman and Chief Executive Roberto Colaninno
said. "The geopolitical and macroeconomic situation was and
remains complicated, but we are confident and optimistic about
2023", he added.
Piaggio proposed to pay a final dividend of 0.10 euro per
share for a total of 0.185 euro per share in 2022.
($1 = 0.9410 euros)
(Reporting by Carlo Giovanni Boffa, editing by Gianluca
Semeraro)
((CarloGiovanni.Boffa@thomsonreuters.com;))