Piaggio 9-mth net down 6.6 pct, targets unchanged

Newswire

MILAN, Oct 30 (Reuters) - Scooter maker Piaggio turned in a 6.6 percent fall in nine-month net profit, but stuck to its targets set out under its industrial plan, saying on Thursday it would cut costs and become more efficient. "For next year we expect better results, more or less in line with those of the industrial plan," Chief Executive Roberto Colaninno told a conference call, adding that he expected a flat market for 2009. Colaninno said Piaggio's aim was to keep the prices of its ...

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