Piaggio & C. SpA (PIA.MI)
| Previous close | 2.8620 |
| Open | 2.8700 |
| Bid | 2.9140 x 0 |
| Ask | 2.9180 x 0 |
| Day's range | 2.8700 - 2.9540 |
| 52-week range | 2.4860 - 3.8800 |
| Volume | |
| Avg. volume | 1,009,021 |
| Market cap | 1.033B |
| Beta (5Y monthly) | 1.17 |
| PE ratio (TTM) | 11.22 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.16 (5.59%) |
| Ex-dividend date | 22 Apr 2024 |
| 1y target est | N/A |
- Reuters
Piaggio Q1 profit slips as Asia weighs
Its net profit for the three months through end-March was 18.7 million euros ($20.05 million). "After a number of slower months, since March the Far East has been showing signs of steadying and we expect to see a moderate improvement in sales during the year," CEO Michele Colaninno said in a statement. The scooter manufacturer's core profit (EBITDA) in the first three months of 2024 fell 7.1% from a year earlier to 75.3 million euros, on a 21.3% drop in sales to 428 million euros.
- Reuters
Italian Vespa maker Piaggio launches AI-driven factory robot
The Italian company said it would use the robot on the production lines of its motorbike brand Moto Guzzi in Italy, and later in other factories in Italy, India, Vietnam and Indonesia. The device, named "kilo" and developed by the group's U.S. robotic mobility unit Piaggio Fast Forward (PFF), can follow its operator, move on up to 100 pre-recorded routes or move autonomously, Piaggio said.
- Reuters
Vespa maker Piaggio posts record nine-month profit
"The improvement in customer perception of our brands and products around the world has enabled us to achieve very interesting margins, which we should consolidate in the coming years," CEO Michele Colaninno said in a statement. The producer of the eponymous two-wheelers said its earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to 269.3 million euros ($284.78 million) in the nine months through September, its highest ever result for the period.
