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The
producer of the iconic Vespa scooters posted a full-year net
profit of 84.9 million euros ($90.22 million), beating the
79.9-million-euro analysts' forecast provided by Refinitiv
SmartEstimate, and up 41.4% from a year earlier.
With revenues of more than 2 billion euros, "the group ended
2022 with its best results ever, setting new records for all
indicators", Chairman and Chief Executive Roberto Colaninno
said. "The geopolitical and macroeconomic situation was and
remains complicated, but we are confident and optimistic about
2023", he added.
Piaggio proposed to pay a final dividend of 0.10 euro per share
for a total of 0.185 euro per share in 2022.
($1 = 0.9410 euros)
(Reporting by Carlo Giovanni Boffa, editing by Gianluca Semeraro)
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