Company Profile
Piaggio & C. S.p.A. is one of the world's leading builders of motorcycles, scooters, and motorized cycles. Net sales break down by family of products as follows:
- scooters, motorcycles, and motorized cycles (77%; European leader): At the end of 2023, the group sold 436,300 units under the Piaggio, Aprilia, Vespa, and Moto Guzzi brands;
- light utility vehicles (23%): 123,300 units sold, primarily delivery tricycles and small vans, under the names Piaggio, Ape and Porter.
At the end of 2023, the group had 8 manufacturing sites located in Italy (3), the United States, India, Vietnam, Indonesia and China.
Net sales are distributed geographically as follows: Europe/Middle East/Africa/America (62.3%), India (18.6%) and Asia/Pacific (19.1%).
- scooters, motorcycles, and motorized cycles (77%; European leader): At the end of 2023, the group sold 436,300 units under the Piaggio, Aprilia, Vespa, and Moto Guzzi brands;
- light utility vehicles (23%): 123,300 units sold, primarily delivery tricycles and small vans, under the names Piaggio, Ape and Porter.
At the end of 2023, the group had 8 manufacturing sites located in Italy (3), the United States, India, Vietnam, Indonesia and China.
Net sales are distributed geographically as follows: Europe/Middle East/Africa/America (62.3%), India (18.6%) and Asia/Pacific (19.1%).
Source: Cofisem - Last Update: 2024-09-09
Key Executives
| Chief Executive Officer | |
| Chief Financial Officer | |
| General Counsel | |
| Head of Investor Relations | |
| Chief Human Resources Officer | |
| Chief Communication Officer |
Source: Cofisem - Last Update: 2024-09-09
Key Figures
| Millenium | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Net sales | 1,994,585 | 2,087,443 | 1,668,689 | 1,313,690 | 1,521,325 |
| Income from ordinary activities | 1,994,585 | 2,087,443 | 1,668,689 | 1,313,690 | 1,521,325 |
| Operating income | 180,666 | 158,740 | 112,574 | 70,856 | 104,546 |
| Cost of financial indebtedness net | 46,832 | 25,202 | 24,136 | 26,198 | 24,840 |
| Equity-accounted companies contribution to income | -738 | -892 | 642 | 529 | 1,030 |
| Net profit from discontinued activities | |||||
| Net income | 91,052 | 84,889 | 60,054 | 31,322 | 46,749 |
| Net income (Group share) | 91,052 | 84,889 | 60,054 | 31,322 | 46,749 |
| Fiscal year end | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands |
| Account Standards | IFRS | IFRS | IFRS | IFRS | IFRS |
Source: Cofisem - Last Update: 2024-09-09
Shareholder information
| Group-owned stock | |
| Other shareholders | |
| Diego Della Valle & C. S.r.l. | |
| Immsi S.p.A. |
Source: Cofisem - Last Update: 2024-09-09
Address
Piaggio & C. S.p.A.
Viale Rinaldo Piaggio 25
IT-56025 Pontedera
Italy
Phone number: +39 0587 272111
Fax: +39 0587 272344
https://piaggiogroup.com/en
Source: Cofisem - Last Update: 2024-09-09
Contact
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