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    Home > Finance > Vespa maker Piaggio's profit nearly halves in first nine months of 2025
    Finance

    Vespa maker Piaggio's profit nearly halves in first nine months of 2025

    Published by Global Banking & Finance Review®

    Posted on November 7, 2025

    1 min read

    Last updated: January 21, 2026

    Vespa maker Piaggio's profit nearly halves in first nine months of 2025 - Finance news and analysis from Global Banking & Finance Review
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    Tags:corporate profitsFinancial performancemarket conditionseconomic growth

    Quick Summary

    Piaggio's profit dropped 49% in 2025 due to US tariffs and rising costs. The company sold fewer vehicles and plans strategic responses to market challenges.

    Table of Contents

    • Piaggio's Financial Performance Overview
    • Sales Performance Analysis
    • Strategic Response to Market Conditions

    Vespa maker Piaggio's profit nearly halves in first nine months of 2025

    Piaggio's Financial Performance Overview

    (Reuters) -Piaggio's net profit fell 49% to 31.7 million euros ($37.0 million) in the first nine months of 2025, the Italian vehicle maker said on Friday, as the market contracts under the weight of U.S. import tariffs and rising costs of commodities.

    Sales Performance Analysis

    The company, known for its iconic Vespa scooters, sold 346,500 vehicles between January and September, compared to 380,000 units in the same period of 2024.

    Strategic Response to Market Conditions

    "We shall continue to respond to the current macroeconomic and geopolitical complexities with careful management of liquidity and productivity, and to take a flexible approach to growing investments," Piaggio said in a statement.

    ($1 = 0.8575 euros)

    (Reporting by Mirko Miorelli in Gdansk, editing by Milla Nissi-Prussak)

    Key Takeaways

    • •Piaggio's net profit fell 49% in the first nine months of 2025.
    • •Sales dropped from 380,000 to 346,500 units year-over-year.
    • •US import tariffs and rising commodity costs impacted profits.
    • •Piaggio plans to manage liquidity and investments flexibly.
    • •The company is known for its iconic Vespa scooters.

    Frequently Asked Questions about Vespa maker Piaggio's profit nearly halves in first nine months of 2025

    1What is net profit?

    Net profit is the amount of money that remains after all expenses, taxes, and costs have been subtracted from total revenue. It indicates a company's profitability.

    2What is liquidity management?

    Liquidity management refers to the process of managing a company's cash flow to ensure it can meet its short-term financial obligations and maintain operational efficiency.

    3What are commodities?

    Commodities are basic goods used in commerce that are interchangeable with other goods of the same type, such as oil, gold, and agricultural products.

    4What is market contraction?

    Market contraction refers to a decline in the overall economic activity of a market, often leading to reduced sales, profits, and employment.

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