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Piaggio struggles with falling demand despite 80 years of Vespa
At the 80th-anniversary celebration of the Vespa in Rome the cult brand remains popular, but parent company Piaggio is in economic trouble: sales fell by almost 12 percent in 2025 and net profit dropped by about 50 percent. Since the COVID peak in 2022 demand for motor scooters has been declining steadily, and the electric Vespa has so far remained a niche product. Piaggio plans to position the brand as a premium product and focus on margins rather than volumes to hold off price‑aggressive Asian competitors. » Altro su tagesschau.de
Piaggio Q1 2026: record gross margins offset currency-related revenue decline
Piaggio reports a sales decline in Q1 2026 of 7.8% to €341.7m, only -1.6% at constant exchange rates, while achieving a record gross margin of 31.6% and an EBITDA margin of 16.8%. Net profit fell to €5.3m (-39.5%); deliveries rose 1.5% to 108,400 units, driven by strong growth in India and in light commercial vehicles. Working capital improved markedly, the seasonal cash outflow reached a record low, and the company confirms an annual gross margin target range of 30–35%. Risks remain currency volatility, new US tariffs and weaknesses in the US scooter and premium ASEAN segment. » Altro su de.investing.com
Piaggio widens gross margin in 2025, shares fall amid concerns over sales and debt
Piaggio achieved a record gross margin of 30.5% in 2025, with a slightly lower EBITDA margin of 16.7% and declining revenues (not specified). Net debt increased for the third consecutive time despite reductions in capital expenditures and working capital. The share price fell 4.48% to €1.717 after the results were released. For 2026 the company expects mid-single-digit percentage revenue growth, a stable EBITDA margin and improved free cash flow as investments normalize. » Altro su de.investing.com
Dividendi storici Dividendi
Tutte le metriche sui dividendi Tutte le metricheDati finanziari dell'azienda
| (EUR) | giu 2026 | |
|---|---|---|
| Ricavi | 500,19M | 3,80% |
| Utile lordo | 13,92M | 76,84% |
| Utile netto | 25,14M | 17,51% |
| EBITDA | 91,17M | 8,14% |
Dati fondamentali
| Metrica | Valore |
|---|---|
Capitalizzazione di mercato | 730,67M€ |
Numero di azioni | 352,30M |
Massimo/minimo a 52 settimane | 2,11€ - 1,44€ |
Rendimento da dividendo | 1,92% |
Dividendi TTM | 0,04€ |
Prossimo dividendo | 0,057€ |
Beta | 1,19 |
Rapporto P/E | 21,45 |
Rapporto PEG | −0,84 |
Rapporto P/B | 1,70 |
Rapporto P/S | 0,49 |
Profilo aziendale
Piaggio & C. SpA entwickelt, fertigt und vertreibt zusammen mit ihren Tochtergesellschaften Zweiräder und Nutzfahrzeuge. Das Unternehmen bietet unter den Marken Piaggio, Vespa, Aprilia, Moto Guzzi, Gilera, Derbi und Scarabeo Zweiräder, darunter Motorroller, Motorräder und Mopeds, sowie die dazugehörigen Ersatzteile und Zubehörteile an. Darüber hinaus bietet das Unternehmen unter den Marken Ape und Porter drei- und vierrädrige leichte Nutzfahrzeuge sowie die dazugehörigen Ersatzteile und Zubehörteile für den gewerblichen und privaten Gebrauch sowie intelligente Transportroboter an. Darüber hinaus verkauft das Unternehmen Motoren an Dritte, führt Zweirad-Sportmeisterschaften durch und bietet technische Dienstleistungen an. Es vertreibt seine Fahrzeuge hauptsächlich über Händler und Importeure in Europa, dem Nahen Osten, Afrika, Amerika, dem asiatisch-pazifischen Raum und Indien. Das Unternehmen wurde 1884 gegründet und hat seinen Hauptsitz in Pontedera, Italien. Piaggio & C. SpA ist eine Tochtergesellschaft von IMMSI S.p.A.
| Nome | PIAGGIO |
| CEO | Michele Colaninno |
| Sede centrale | Pontedera,
pi Italia |
| Sito web | |
| Settore | Beni voluttuari |
| Industria | Automobili |
| Quotazione in borsa | 11/07/2006 |
| Dipendenti | 5.759 |
Deep Dive
Simboli di borsa
| Borsa | Simbolo |
|---|---|
Mil | PIA.MI |
Pnk | PIAGF |
Frankfurt | P1I.F |
Düsseldorf | P1I.DU |
Milan | PIA.MI |
London | 0FM1.L |
München | P1I.MU |
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