Piaggio H1 net profit drops to 25 million euros

Newswire

MILAN, July 26 (Reuters) - Italian motorcycle and scooter maker Piaggio's consolidated sales extended a four-year slide in the first half, it said on Friday, depressing net profit as its core market for scooters and motorbikes continued to fall. Consolidated sales for the first half were 671.5 million euros ($888.8 million), down from 764.0 million for the same period a year ago. Piaggio's net sales have fallen for the past four out of five consecutive years to ...

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