PIAGGIO POSTS 33.1 MILLION PROFITS FOR FIRST SEMESTER

Piaggio has closed the first semester with net profits of 33,1 million equal to +28,6%. Revenue was 820,8 million (+3.2%). In the first six months of 2010 the Piaggio Group sold a total of 340,800 vehicles in the world, +8.5% compared to the 314,200 sold for the same period in 2009.

Increases concern both the two-wheel sector with 232,800 vehicles sold in the world (+2.6% compared to the first six months of 2009), and commercial vehicles with 108,000 sold (+23.9% compared to the same period last year).

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