Piaggio - motorcycle sales +19.7% in 2022
Piaggio Group has released its provisional financial results for 2022, with Chairman and CEO Roberto Colaninno stating that the company saw a "highly positive trend observed throughout 2022, despite the complex geopolitical and macroeconomic scenario that has characterised the past year.
"Sales trends in all markets confirm the Piaggio Group's ability to continue growing thanks to the power and attraction of its brands and of the company's most advanced range of scooters and motorbikes ever in terms of performance, safety and environment".
Total Group consolidated revenues of about € 2,087m were +25% higher than in 2021 at € 1,668.7m.
Sales volumes were up +16.7% (536,000 vehicles in total, all categories) with positive contributions from all business sectors - scooters (+14.3%), motorcycles (+19.7%) and commercial vehicles (+26.6%).
Growth was seen in all the geographical areas in which the Group operates - EMEA and the Americas (+12.1%), Asia Pacific (+58%) and India (+40%).
