Piaggio, the company that makes Vespa scooters, had a really good year! Even though they sold fewer scooters, they made a lot of money because they managed their costs very well. This shows how important it is to be smart about spending money.
Their profits were higher than ever before, showing they can do well even when things are tough.
They plan to pay their investors some of the profits.
- Piaggio's profits were up, even though sales were down.
- They made a really high profit margin (16.9%).
- They expect things to improve even more next year.
Fact | Number |
---|---|
Highest ever profit margin | 16.9% |
Total profit (EBITDA) | €286.7 million |
Dividend per share | 15.5 euro cents |