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Piaggio sees net profit in H2 - fin director

Fri Jul 3, 2009 7:42am EDT

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MILAN, July 3 (Reuters) - Italian scooter maker Piaggio SpA (PIA.MI) foresees a net profit "definitely" in the second half and is targeting a net profit for the full year, Finance Director Michele Pallottini said on Friday.

Italy  |  Japan

He told a news conference he expected an improved Moody's credit rating after the 2009-12 business plan was released on Friday.

Chairman and Chief Executive Roberto Colaninno said the company was working on collaborating with important Chinese and Japanese groups. He did not elaborate.

(Reporting by Ian Simpson)

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