Ducati Profits Rise

Rising sales in the U.S. and Japan increased profits 18 percent for Ducati Motor Holding SpA for the year 2000.

Net income last year rose to 10.5 million euros ($9.4 million) from 8.9 million in 1999, the company said in a statement faxed to news agencies.

The company had to train staff members to better cope with increased production...



Increasd sales allowed Ducati to post a profit in the fourth quarter after it had a pretax loss in the third. Ducati estimated that registrations of its bikes by consumers rose 19 percent in 2000, boosted by sales in Japan, where it rose 65 percent, and the U.S., which grew 46 percent.

Profits for the company, in the last quarter of 2000, rose to6.8 million euros from 5.7 million in the year-earlier period. Sales rose 35 percent to 104.6 million euros.

Get Motorcycle.com in your Inbox
Danielle Grossman
Danielle Grossman

More by Danielle Grossman

Comments
Join the conversation
Next