For the financial quarter ending June 30, 2001, Ducati Motor Holding S.p.A. (publicly traded on the New York Stock Exchange as DMH) has announced a 7.2% growth in total revenue (to $102.5 million, Euro 120.9 million) with 5.6% growth in total sales (to $97.1 million, Euro 114.6 million).
Total revenues for the first half of 2001 are up 5.2% (to $187.8 million, Euro 221.5 million) versus 2000 when total sales were up 2%, (to $184.1 million, Euro 217.1 million).
“These results, however, are not at the extraordinary growth levels that Ducati has achieved in recent years,” said Ducati Chief Executive Officer Carlo Di Biagio in a Ducati press release. “Our outlook suggests challenging selling conditions in the coming months. We would therefore anticipate high-single-digit year-end sales growth versus last year, below our 15% target.”
Ducati Revenues and Sales Up But Company Will Miss Sales Growth Targets
Ducati Revenues and Sales Up But Company Will Miss Sales Growth Targets
© 2001, Roadracing World Publishing, Inc.