Finance
Vespa scooter maker piaggio's net profit halves in 2025
Published by Global Banking & Finance Review®
Posted on March 5, 2026
1 min readLast updated: March 5, 2026
Quick Summary
Piaggio’s net profit in 2025 plunged nearly 50% to €34 million, outperforming consensus of €32 million. Despite a drop in EBITDA, margins remained solid and the company reaffirmed long‑term strategies.
Piaggio Net Profit Falls 49% in 2025 but Surpasses Analyst Forecasts
Piaggio 2025 Financial Results Overview
March 5 - Piaggio, the manufacturer of Vespa scooters, reported on Thursday a 49% drop in its 2025 net profit to 34 million euros ($39 million), surpassing a company-provided analysts' consensus of 32 million euros. Piaggio said it maintained "very" positive margins by focusing on making its processes more efficient.
Company Outlook and Strategy
"Although it is still difficult to provide precise guidance for the immediate future, the group confirms its long-term product strategies in two-wheelers, commercial vehicles and advanced robotics", CEO Michele Colaninno said in a statement.
Key Financial Metrics
EBITDA Performance
- 2025 EBITDA fell 12.5% to 250.8 million euros, slightly below consensus of 251 million euros
- 2025 EBITDA margin came at 16.7%, slightly below the 16.9% of 2024
Sales and Dividend Policy
- Sales fell 11.8% to 1.50 billion euros, slightly missing market estimates of 1.51 billion euros
- Dividend: The company does not plan to pay an additional dividend beyond the 4 euro cents per share it paid in September
Exchange Rate Information
($1 = 0.8630 euros)
Reporting Credits
(Reporting by Philippe Leroy Beaulieu in Gdansk; Editing by Matt Scuffham)
Key Takeaways
- •Net profit nearly halved, down ~49% to €34 million, exceeding the €32 million consensus (marketscreener.com)
- •EBITDA fell ~12.5% to €250.8 million (EBITDA margin ~16.7%), slightly below both the prior‑year’s 16.9% and estimates (marketscreener.com)
- •Sales dropped ~11.8% to €1.50 billion, missing forecasts of €1.51 billion, while no further dividend beyond the €0.04/share interim was planned (marketscreener.com)
References
Frequently Asked Questions about Vespa scooter maker Piaggio's net profit halves in 2025
1How much did Piaggio's net profit decline in 2025?
Piaggio's 2025 net profit dropped 49% to 34 million euros, compared to the previous year.
2Did Piaggio's net profit meet analyst expectations?
Yes, Piaggio's net profit surpassed the company-provided analysts' consensus of 32 million euros.
3What happened to Piaggio's EBITDA and sales in 2025?
Piaggio's 2025 EBITDA fell 12.5% to 250.8 million euros, and sales declined 11.8% to 1.50 billion euros.
4Will Piaggio pay additional dividends in 2025?
No, Piaggio does not plan to pay an additional dividend beyond the 4 euro cents per share paid in September.
5What are Piaggio's future strategic focuses?
Piaggio is focusing on long-term strategies in two-wheelers, commercial vehicles, and advanced robotics.
