Piaggio & C. SPA (IT:PIA) has released an update.
The Piaggio Group has faced challenges in consumer purchasing power amid the current economic climate, resulting in decreased sales as of September 2024. Despite this, the company achieved its highest-ever EBITDA margin and increased investments in new products and facilities, highlighting the strong value of its Italian brands globally. Piaggio’s focus on light mobility solutions presents a promising opportunity for future growth.
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