may 08, 2018 - Piaggio Group

PIAGGIO GROUP: FIRST QUARTER 2018

Consolidated net sales 312.3 million euro, up 1% (+6.7% at constant exchange rates)
(309.1 €/mln in Q1 2017)

Ebitda 43.2 million euro, up 4.9% (41.2 €/mln in Q1 2017)
Ebitda margin 13.8% (13.3% in Q1 2017)

Industrial gross margin 96.7 million euro, up 1.6%
(95.1 €/mln in Q1 2017) 31% return on net sales (30.8% in Q1 2017)

Ebit 14.5 million euro, up 32.4%
(10.9 €/mln in Q1 2017) Ebit margin 4.6% (3.5% in Q1 2017)

Profit before tax 7 million euro, up from 2.5 €/mln in Q1 2017

Net profit 4 million euro, against 1.5 €/mln in Q1 2017

Net financial position -502.9 million euro, an improvement of 29.5 €/mln from -532.4 €/mln at 31 March 2017 

129,700 vehicles shipped worldwide, up by 7% (121,200 in Q1 2017)


>> Further information in the press release to download

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