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Piaggio & C SpA (PIA.MI)

PIA.MI on Milan Stock Exchange

1.90EUR
28 Apr 2017
Change (% chg)

€0.05 (+2.43%)
Prev Close
€1.86
Open
€1.86
Day's High
€1.90
Day's Low
€1.85
Volume
2,607,051
Avg. Vol
1,287,190
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€2.00
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€1.39

Latest Key Developments (Source: Significant Developments)

BRIEF-Leonardo CEO says group to make 7-8 billion euros in cash in 2017-2021
Tuesday, 7 Mar 2017 01:48pm EST 

Corrects to clarify Leonardo presented an offer for Piaggio Aerospace's engine unit.Italian state-controlled defence company Leonardo Chief Executive Mauro Moretti says: Expects group to generate 7-8 billion euros in cash in 2017-2021, 1.5-2 billion euros of which it will use for acquisitions, to reduce debt, and pay back shareholders . Company has presented an offer for Piaggio Aerospace's engine unit, of which it is a creditor . CEO said last week the group is looking to complete strategic acquisitions in the next five years and is weighing the option of paying a dividend on 2016 results. [nL5N1GE667] Further company coverage: [LDOF.MI] (Reporting by Milan newsroom) Keywords: (CORRECTED).  Full Article

Leonardo CEO says group to make 7-8 billion euros in cash in 2017-2021
Tuesday, 7 Mar 2017 09:09am EST 

Italian state-controlled defence company Leonardo Chief Executive Mauro Moretti says: Expects group to generate 7-8 billion euros in cash in 2017-2021, 1.5-2 billion euros of which it will use for acquisitions, to reduce debt, and pay back shareholders . Company has presented an offer for Piaggio's engine unit, of which it is a creditor . CEO said last week the group is looking to complete strategic acquisitions in the next five years and is weighing the option of paying a dividend on 2016 results. [nL5N1GE667] Further company coverage: [LDOF.MI] (Reporting by Milan newsroom).  Full Article

Piaggio 2016 core earnings rise 5.6 pct, best result since 2013
Monday, 27 Feb 2017 07:55am EST 

Piaggio says: Earnings before interest, taxes, depreciation and amortisation (EBITDA) rise 5.6 percent to 170.7 million euros in 2016, posting the best result since 2013 . EBITDA up 7 percent at constant exchange rates . Full-year revenues up 1.4 percent to 1.313 billion euros (up 2.8 percent at constant exchange rates) . Net profit up 18 percent to 14 million euros in 2016 .Will pay a dividend of 5.5 euro cents a share.  Full Article

Piaggio H1 core earnings up 6.7 pct
Wednesday, 27 Jul 2016 05:10am EDT 

Piaggio says: H1 EBITDA 101.5 million euros, up 6.7 percent; EBITDA margin 14.4 percent, up from 13.7 percent in the same period last year . H1 revenues 706.5 million euros, up 1.8 percent Further company coverage: [PIA.MI] (Reporting by Milan newsroom).  Full Article

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