Ducati Motor Holding S.p.A. saw remarkable improvement in all its financial indicators in its fiscal first quarter 2007 results, confirming the success of Ducati’s turnaround plan.
First quarter revenues for the company rose 25 percent to $129.6 million, thanks in part to the Superbike 1098’s sales performance and accessory and apparel revenues (up 38.7 percent).
Net income came in at $7.6 million compared to $2 million the year before.
Ducati sold 8,903 bikes in the first quarter, versus 7,337 in 2006, a 21.3 percent increase, compared to a 3 percent increase in the relevant market.
First quarter registrations increased in nearly every country and were up 15.2 percent in the United States. Japan, however, showed a steep decrease in Ducati registrations (down 53.3 percent).Click here for reuse options!
Copyright 2007 Powersports Business