News: Piaggio & C SpA (PIA.MI)
19 Sep 2014
Mon, Jul 28 2014
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.
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.
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.
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.
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).
(Corrects rupee to rupiah in second paragraph, adds dropped word in fourth paragraph)
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-'.
* Targets 2017 EBITDA of 250 mln euros vs 146.8 mln in 2013
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.
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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