Company Profile

Piaggio & C. S.p.A. is one of the world's leading builders of motorcycles, scooters, and motorized cycles. Net sales break down by family of products as follows:
- scooters, motorcycles, and motorized cycles (76.3%; European leader): At the end of 2024, the group sold 359,900 units under the Piaggio, Aprilia, Vespa, and Moto Guzzi brands;
- light utility vehicles (23.7%): 121,700 units sold, primarily delivery tricycles and small vans, under the names Piaggio, Ape and Porter.
At the end of 2024, the group had 7 manufacturing sites located in Italy (4), India, Vietnam and Indonesia.
Net sales are distributed geographically as follows: Europe/Middle East/Africa/America (64.4%), India (20.5%) and Asia/Pacific (15.1%).


Source: Cofisem - Last Update: 2025-06-11

Key Executives
Chief Executive Officer Michele Colaninno
Chief Financial Officer Alessandra Simonotto
General Counsel Fabio Grimaldi
Head of Investor Relations Raffaele Lupotto
Chief Regulatory & Public Affairs Officer Enrico Maria Mayrhofer
Chief Human Resources Officer Giancarlo Milianti
Chief Communication Officer Davide Zanolini
Chief Market Officer Davide Zanolini


Source: Cofisem - Last Update: 2025-06-11

Key Figures
Millenium 2024 2023 2022 2021 2020
Net sales 1,701,322 1,985,060 2,087,443 1,668,689 1,313,690
Income from ordinary activities 1,701,322 1,985,060 2,087,443 1,668,689 1,313,690
Operating income 147,736 180,666 158,740 112,574 70,856
Cost of financial indebtedness net 53,807 45,974 25,202 24,136 26,198
Equity-accounted companies contribution to income -1,611 -738 -892 642 529
Net profit from discontinued activities
Net income 67,225 91,052 84,889 60,054 31,322
Net income (Group share) 67,225 91,052 84,889 60,054 31,322
Fiscal year end 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards IFRS IFRS IFRS IFRS IFRS

Source: Cofisem - Last Update: 2025-06-11

Shareholder information
Immsi S.p.A. 50.57 %
Other shareholders 48.79 %
Treasury shares 0.51 %
Omniaholding S.p.A. 0.13 %


Source: Cofisem - Last Update: 2025-06-11

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