News: Piaggio & C SpA (PIA.MI)

PIA.MI on Milan Stock Exchange

2.15EUR
19 Sep 2014
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Mon, Jul 28 2014

Piaggio sees FY EBITDA at between 155-160 mln euros

MILAN, July 28 - Italian motorcycle and scooter maker Piaggio expects to report core earnings of between 155-160 million euros ($208-215 million) this year, slightly lower than an analyst consensus of 163 million euros, its chief executive said on Monday.

Piaggio H1 core earnings drop slightly to below estimates

MILAN, July 28 - Italian motorcycle and scooter maker Piaggio on Monday reported a slight drop in first-half core earnings, as a recovery seen in Europe in the first quarter slowed down and as currency swings hit sales.

European recovery lifts Piaggio core earnings in Q1

MILAN, May 8 - Italian motorcycle and scooter maker Piaggio on Thursday reported a 8 percent rise in first-quarter core earnings on the back of a recovery in Europe, while revenues edged down, hit by currency swings.

Piaggio sets 4.625 pct minimum coupon on 7-yr bond in debt exchange

MILAN, April 14 - Italian scooter maker Piaggio has set at 4.625 percent the minimum coupon on a new 2021 senior bond to be offered in exchange for a senior bond due in December 2016, the company said on Monday.

Piaggio offers to exchange 2016 bond with new 7-yr issue

MILAN, April 7 - Italian scooter maker Piaggio said on Monday it offered holders of a 150 million euro bond due in 2016 to exchange their notes at a price of 104.5 with a new seven-year bond to be issued at par for a total of 200 million euros ($274 mln).

CORRECTED-Piaggio warns of lower Q1 revs, plans high-yield bond

(Corrects rupee to rupiah in second paragraph, adds dropped word in fourth paragraph)

S&P revises outlook on Piaggio down to negative, rating affirmed

MILAN, April 1 - Standard & Poor's said on Tuesday it had revised its outlook on Italian scooter maker Piaggio to negative from stable, citing weaker credit ratios and shaky market conditions, but affirmed its long-term corporate rating on the firm at 'BB-'.

UPDATE 2-Piaggio sees core earnings growing 70 pct by 2017

* Targets 2017 EBITDA of 250 mln euros vs 146.8 mln in 2013

Piaggio targets 2017 core earnings of around 250 mln euros

MILAN, March 20 - Italian motorcycle and scooter maker Piaggio said on Thursday it expects core earnings to rise to around 250 million euros ($348 million) by 2017 as a recovery in Europe is gaining momentum and as it boosts profitability in Asia.

Piaggio 2013 net profit down as sales contract

MILAN, March 20 - Italian motorcycle and scooter maker Piaggio on Thursday reported a 57 percent fall in full-year adjusted net profit, hit by a sharp drop in sales of two-wheel vehicles in most of its markets.

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