Piaggio & C. SPA (IT:PIA) has released an update.
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The Piaggio Group has faced challenges in consumer purchasing power amid the current economic climate, resulting in decreased sales as of September 2024. Despite this, the company achieved its highest-ever EBITDA margin and increased investments in new products and facilities, highlighting the strong value of its Italian brands globally. Piaggio’s focus on light mobility solutions presents a promising opportunity for future growth.
For further insights into IT:PIA stock, check out TipRanks’ Stock Analysis page.