Costs and margins
No data available for this market
BRIEF: For the three months ended 31 March 2014, Piaggio & C. SpA revenues decreased 9% to EUR276.8M. Net income increased 1% to EUR1.1M. Revenues reflect Operating Segment India decrease of 20% to EUR70.1M, Operating Segment Asia Pacific (Region) decrease of 17% to EUR37.3M, India segment decrease of 20% to EUR70.1M, Asia segment decrease of 17% to EUR37.3M. Net Income benefited from Cost of Labor decrease of 15% to EUR52.6M (expense).