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: April 1, 2026
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Company
Published by Global Banking & Finance Review®
Posted on March 5, 2026
1 min readLast updated: April 1, 2026
Add as preferred source on GooglePiaggio’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.
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.
"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.
($1 = 0.8630 euros)
(Reporting by Philippe Leroy Beaulieu in Gdansk; Editing by Matt Scuffham)
Piaggio's 2025 net profit dropped 49% to 34 million euros, compared to the previous year.
Yes, Piaggio's net profit surpassed the company-provided analysts' consensus of 32 million euros.
Piaggio's 2025 EBITDA fell 12.5% to 250.8 million euros, and sales declined 11.8% to 1.50 billion euros.
No, Piaggio does not plan to pay an additional dividend beyond the 4 euro cents per share paid in September.
Piaggio is focusing on long-term strategies in two-wheelers, commercial vehicles, and advanced robotics.
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