Company Profile For Piaggio & C. S.p.A

Piaggio & C. SpA is an Italy-based company engaged in the design and manufacture of two-wheel motor vehicles. The Company’s product range includes scooters, motorcycles and mopeds from the 50cc to 1200cc displacement range distributed under Piaggio, Vespa, Gilera, Aprilia, Moto Guzzi, Derbi and Scarabeo brands. The Company also manufactures and distributes three- and four-wheel light commercial vehicles under the Piaggio Ape, Porter and Quargo brands. In addition, the Company provides research and development activities for its vehicles and engines in the production units in Pontedera, Noale, Mandello del Lario, Barcelona and Baramati. The Company has a sales network in over 50 countries. Piaggio & C. SpA operates through its numerous subsidiaries, including Nacional Motor SA, Piaggio Vehicles Pvt. Ltd, Aprilia World Service BV, Piaggio Finance SA, Piaggio Vespa BV and Piaggio Vietnam Co. Ltd, among others.

BRIEF: For the nine months ended 30 September 2009, Piaggio & C. SpA's total revenue decreased 9% to EUR1.17B. Net income for the period decreased 36% to EUR39.4M. Total revenue reflects a decrease in demand for the Company's products and services in the Two-Wheelers business segment. Net income for the period suffered from an increase in intangible amortization as well as lower other operating income and financial income.

Piaggio & C. S.p.A
Viale Rinaldo Piaggio 25
Pontedera (Pisa)     56025
P: +3905.87272111
F: +3905.87272344

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