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Piaggio
Piaggio (PIA) investor relations material
Piaggio Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading update summary9 Jul, 2026
Sales performance
Second-quarter 2026 sales volumes reached approximately 150,000 vehicles, up 14% year-on-year.
First-half 2026 sales totaled around 258,500 vehicles, an 8.5% increase from the prior year.
Revenue and financials
Second-quarter 2026 net sales were about €515 million at constant exchange rates, up 7% from the previous year.
First-half 2026 consolidated net sales reached approximately €880 million at constant exchange rates, a 3% rise year-on-year.
Net financial debt improved to approximately €485 million at 30 June 2026, down from €577.6 million at year-end 2025 and €534.7 million at 30 June 2025.
Cash flow and operational highlights
Cash generation was approximately €112 million in Q2 2026 and €93 million in the first half, both record results.
Productivity improvements and global sales expansion offset unfavorable exchange rates.
Strong cash flow positions the group to manage potential inflationary pressures.
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Latest events from Piaggio
- Net sales and profit declined, but margins and cash flow improved; net debt reduced.PIA
Q2 20249 Jul 2026 - Record margins achieved despite sales decline; Moto Guzzi and Aprilia drove brand strength.PIAQ4 20249 Jul 2026
- Record 17.3% EBITDA margin achieved despite sharp sales and profit declines.PIAQ3 202410 Jun 2026
- Net sales fell 13.4% in Q1 2025, but gross margin held at 30.5% amid weak demand.PIAQ1 202510 Jun 2026
- Sales and profit declined, but gross margin and investment levels remained strong.PIAQ2 202510 Jun 2026
- Sales and profits fell, but gross margin hit a record and investments in innovation continued.PIAQ3 202510 Jun 2026
- Net sales fell 7.8% and profit dropped 39.5%, but India and Commercial Vehicles grew.PIAQ1 202619 May 2026
- Net sales and profit dropped, but gross margin and EBITDA margin remained strong in 2025.PIAQ4 20255 Mar 2026
Next Piaggio earnings date
Q2 202628 Jul, 2026
Piaggio
Next Piaggio earnings date
Q2 202628 Jul, 2026
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