Piaggio & C. SpA: Italian Icon Ready For Electrification (PIAGF)

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Piaggio & C. SpA: Italian Icon Ready For Electrification (PIAGF)

//stocks-investing.news-articles.net/content/202 .. talian-icon-ready-for-electrification-piagf.html

Published in Stocks and Investing on Monday, May 12th 2025 at 8:01 GMT by Seeking Alpha
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Piaggio maintains strong margins and profitability, supported by premium pricing and new product launches. Learn why PIAGF stock is a Buy.

312x208/137445 Bytes

Piaggio & C. SpA, an Italian company known for its iconic Vespa scooters, reported a strong Q1 2024 with a 20% increase in net sales to €534 million, driven by robust demand in Europe and the Americas. The company's EBITDA rose by 25% to €74 million, reflecting improved operational efficiency and a favorable product mix. Piaggio is actively pursuing electrification, with electric vehicle sales surging by 120% year-over-year, positioning the company well in the growing e-mobility market. The company's focus on innovation and sustainability, coupled with its strong financial performance, suggests that Piaggio is well-prepared to navigate the transition to electric vehicles and maintain its competitive edge in the global market.

Read the Full Seeking Alpha Article at:
[ https://seekingalpha.com/article/4785508-piaggio-and-c-spa-stock-q1-italian-icon-ready-for-electrification ]