Deed signed for Moto Guzzi Merger with Piaggio

Milan, 18 November 2008 – The deed for the upstream merger of the subsidiary
Moto Guzzi S.p.A. into and with Piaggio & C. S.p.A. was signed today.

The merger will take effect with regard to third parties as from 01/12/2008; it takes effect for accounting and tax purposes as from 01/01/2008.


To read the press release click on the pdf file attached to this page.

English

First Nine Months 2008

Meeting of the Board of Directors.

• NET SALES € 1,289.3 MLN (€ 1,369.8 MLN first nine months 2007)
• IMPROVEMENT IN INDUSTRIAL MARGINS
• EBITDA € 179.4 MLN (€ 200.4 MLN first nine months 2007)
• NET PROFIT € 62.0 MLN (€ 66.4 MLN first nine months 2007)

To read the full document click on the pdf file attached to this page.

English

Piaggio Group: +81.1% Growth in vehicle sales in the Usa from January to August

Piaggio Group retail sales of scooters and motorcycles in the USA grew by 81.1% from January-August 2008, compared with the first eight months of 2007.

2 October 2008 – Piaggio Group retail sales of scooters and motorcycles in the USA grew by 81.1% from January-August 2008, compared with the first eight months of 2007.

English

Piaggio India: Meeting in Rome With Maharashtra Governement Delegation

The Chief Minister of the Indian State of Maharashtra,Vilasrao Dashmukh, met Piaggio Group Chairman and Chief Executive Officer Roberto Colaninno in Rome.

Rome, 30 September 2008 – The Chief Minister of the Indian State of Maharashtra,Vilasrao Dashmukh, met Piaggio Group Chairman and Chief Executive Officer Roberto Colaninno in Rome today, during a visit to Italy by a Maharashtra government delegation from Mumbai.

English

Board Authorises upstream merger of Moto Guzzi into and with Piaggio

The Board of Directors of Piaggio & C. S.p.A. and the Board of Directors of Piaggio’s wholly owned subsidiary Moto Guzzi S.p.A. have authorised, pursuant to art. 2505, paragraph 2, of the Italian Civil Code and the two companies’ respective by-laws, the procedure for the upstream merger of Moto Guzzi into and with Piaggio, as proposed by the Boards of Directors of the two companies on 31 July 2008.

To read the full document click on the pdf document attached to this page.

English

First Half 2008 results

Meeting of the Board of Directors

Net Sales € 900.3 MLN (€ 968.6 MLN IN 1H ‘07)
Rise in operating margins
EBITDA € 128.2 MLN (€ 145.9 MLN in 1H ’07)
Net Profit € 47.3 MLN (€ 51.5 MLN in 1H ’07)
Piaggio & C. S.P.A.: Net Profit € 41.3 MLN
Approval of plan for Moto Guzzi merger with Piaggio

To read the full document click on the pdf document attached to this page

English

Pages

Share on...
Subscribe to Piaggio Group RSS