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Piaggio targets 2009 revs of 1.51 bln euros

Fri Jul 3, 2009 5:24am EDT

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MILAN, July 3 (Reuters) - Italian scootermaker Piaggio SpA (PIA.MI) is targeting 2009 revenues of 1.51 billion euros ($2.12 billion) and an EBITDA margin of 12.1 percent, Finance Director Michele Pallottini said on Friday.

He made his comments to analysts in a presentation of the group's 2009-2012 industrial plan. Piaggio's 2008 revenues were 1.57 billion euros.

(Reporting by Stefano Rebaudo, writing by Ian Simpson)

($1=.7133 Euro)



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