The Piaggio Group is the leader in Europe and one of the global leaders in its reference market.
- Established in 1884 and listed on the Milan Stock Exchange since 2006, Piaggio is one of the world's leading manufacturers of two-wheelers and commercial vehicles. It operates in more than 50 nations in Europe, Asia and the Americas.
- Its product range includes scooters and motorcycles under the Piaggio, Vespa, Gilera, Aprilia, Moto Guzzi, Derbi and Scarabeo brands. Piaggio also operates in the commercial vehicles sector with the Piaggio Veicoli Commerciali, Ape, Quargo and Porter brands.
- Piaggio is a subsidiary of Immsi S.p.A., the holding company of a Group of over 40 companies which operates in real estate sector, industrial sector and naval sector.
Financial results in 2016
In 2016 the Piaggio Group reported consolidated net sales of 1,313.1 million euro, an increase of 1.4% from 1,295.3 million euro in 2015, Ebitda of 170.7 million euro (161.8 million euro in 2015) and net profit of 14 million euro (11.9 million euro), up 18.3%. The industrial gross margin was 389.2 million euro (3.9%).