Triumph Motorcycles Group Limited FY17 Results Statement

Triumph Motorcycles Group Limited has today announced its financial results for the year ending 30 June 2017.

The Group manufactures and sells motorcycles, related parts, accessories and clothing merchandise in more than 57 countries across the globe.

In the financial year 2017, Triumph grew global revenues by £90.9m to £498.5m with profit before exceptional costs increasing by £8.1m to £24.7m.

Turnover: 2017 £498.5m – 2016 £407.6m

EBITDA: 2017 £41.1m – 2016 £27.8m

Profit before tax: 2017 £24.7m – 2016 £16.6m

Research & development costs: 2017 £29.2m – 2016 £26.9m

Motorcycles retailed: 2017 63,404 – 2016 56,253

Percentage of motorcycles sold in overseas countries: 2017 86.1% – 2016 85.3%

In the face of continuing challenging economic and currency conditions, including Brexit, Triumph Group has performed strongly and has maintained its commitment and investment in research and development, with a view to furthering the continuous improvements of its products.

The Group has continued to develop its excellent motorcycle range, launching five new motorcycles in the last 12 months – the new Street Triple, the new Bobber Black, the new Speedmaster and the new Tiger 800 and Tiger 1200 adventure motorcycles.

It has also continued to demonstrate its commitment to meeting customer needs, with the opening of a £4m Factory Visitor Experience at its Hinckley base. The Factory Visitor Experience includes a museum charting the history of Triumph, which is free to enter, as well as an opportunity for fans and enthusiasts to take a tour of Triumph’s high-tech manufacturing plant to see where Triumph’s class-leading motorcycles are built.

Triumph is excited about the future and is committed to delivering its long-term vision through investment in the Company’s people, facilities and product that fuses character, heritage and performance to ensure the success of the brand.