Do More With Reuters
Partner Services

Piaggio sees net profit in H2 - fin director

Fri Jul 3, 2009 5:12pm IST
 
Email | Print | | Single Page
[-] Text [+]

MILAN, July 3 (Reuters) - Italian scooter maker Piaggio SpA (PIA.MI: Quote, Profile, Research) foresees a net profit "definitely" in the second half and is targeting a net profit for the full year, Finance Director Michele Pallottini said on Friday.

He told a news conference he expected an improved Moody's credit rating after the 2009-12 business plan was released on Friday.

Chairman and Chief Executive Roberto Colaninno said the company was working on collaborating with important Chinese and Japanese groups. He did not elaborate.

(Reporting by Ian Simpson)

  Smoke and fire billows out of the Taj Hotel in Mumbai November 27, 2008.   REUTERS/Jayanta Shaw
One Year Later

A look back at the events of 26/11 ahead of the first anniversary of the militant attacks in Mumbai that killed 166 people.  Slideshow | Full Coverage 

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India.  Full Coverage 

Thierry Henry's handball scandal

Barcelona's Thierry Henry takes part in a training session at Nou Camp Stadium in Barcelona, November 23, 2009. Barcelona and Inter Milan will play their soccer Champions League match on Tuesday. REUTERS/Albert Gea
FIFA to hold meeting

FIFA to hold an extraordinary meeting before World Cup draw to discuss Thierry Henry's handball in the qualifiers and discovery of match-fixing ring by German police.  Full Article