Information
Regulated Notice No.
0835-37-2026Date/Time of Dissemination Start July 9, 2026 13:39:36Euronext Milan
Company: PIAGGIO & C.
User - Contact: PIAGGION05 - LUPOTTO RAFFAELE
Type: 1.2
Date/Time Received: July 9, 2026 13:39:36 Date/Time of Dissemination Start: July 9, 2026 13:39:36
Subject: PIAGGIO GROUP: PRELIMINARY DATA AS OF JUNE 30,
2026
Press Release Text
See attachment
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PRESS RELEASE
PIAGGIO GROUP: PRELIMINARY DATA AS OF JUNE 30, 2026
Michele Colaninno, Chief Executive Officer – CEO of the Piaggio Group: “The second quarter of 2026 represents a period of growth for the Group, both in terms of vehicles sold and sales revenue.
This data highlights the productive work carried out in all subsidiaries worldwide, and the continuous pursuit of improved productivity. This translates into good cash generation, which is essential to be well-equipped to face any inflationary pressures between now and the end of the year, generated by conflicts and political tensions.
International exchange rates are still unfavorable to European production, but we have effectively neutralized these divergences with the growth of sales worldwide.”
• Approximately 150,000 vehicles sold worldwide in the second quarter of 2026 (+14% compared to 132,000 in the same period of the previous year) and a total of approximately 258,500 vehicles in the first half of the year (+8.5% compared to 238,400 as of June 30, 2025)
• In the second quarter of 2026, organic consolidated revenues of approximately €515 million were recorded at constant exchange rates, with a growth of approximately 7% (approximately €500 million at current exchange rates compared to €481.9 million in the second quarter of 2025)
• In the first half of 2026, consolidated revenues of approximately €880 million were recorded at constant exchange rates, an improvement of approximately 3% compared to €852.5 million as of June 30, 2025 (approximately €842 million at current exchange rates, a decrease of approximately 1% compared to the same period of the previous year, effectively recovering the entire difference from the first quarter)
• Cash generated of approximately €112 million in the second quarter of 2026 and approximately €93 million in the first half of the year, both the best results ever, bringing the Net Financial Position (NFP) as of June 30, 2026 to approximately -€485 million, a significant improvement compared to -€577.6 recorded as of December 31, 2025 and -€534.7 as of June 30, 2025
Pontedera, July 09, 2026 – The Board of Directors of Piaggio & C. S.p.A. (PIA.MI), which met today under the chairmanship of Matteo Colaninno, examined, among other things, the preliminary data as of June 30, 2026.
In the second quarter, approximately 150,000 vehicles were sold, an increase of 14% compared to the same quarter of the previous year. As of June 30, 2026, the Piaggio Group sold approximately 258,500 vehicles worldwide, an increase in sales of 8.5% compared to the 238,400 vehicles sold as of June 30, 2025.
In the second quarter of 2026, the positive sales performance resulted in consolidated revenues for the Piaggio Group of approximately €515 million at constant exchange rates (approximately €500 million at current exchange rates).
The Group's consolidated revenues as of June 30, 2026 amounted to approximately €880 million at constant exchange rates, an improvement of approximately 3% compared to the €852.5 million in revenue recorded as of June 30, 2025 (approximately €842 million recorded as of June 30, 2026 at current exchange rates).
Cash generated in the second quarter of 2026 was approximately €112 million and approximately €93 million in the first half of the year, both the best results ever. This cash flow led to a net financial debt (NFP) as of June 30, 2026 of approximately €485 million, an improvement of approximately €93 million compared to the €577.6 recorded as of December 31, 2025 and an improvement of approximately €50 million compared to the €534.7 as of June 30, 2025.
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The executive responsible for preparing the company's accounting documents, Alessandra Simonotto, certifies, pursuant to paragraph 2 of Article 154-bis of Legislative Decree No. 58/1998 (T.U.F.), that the accounting information contained in this press release corresponds to the documentary results, books, and accounting records.
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The Half-Yearly Financial Report as of June 30, 2026 will be examined according to the company event calendar.
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For further information:
Corporate Press Office Piaggio Group Head: Diego Rancati Via Broletto, 13 - 20121 Milan
+39 02.319612.19
diego.rancati@piaggio.com
Investor Relations Piaggio Group Head: Raffaele Lupotto Viale Rinaldo Piaggio, 25 56025 Pontedera (PI)
+39 0587.272286
investorrelations@piaggio.com
piaggiogroup.com
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PRESS RELEASE
PIAGGIO GROUP: PRELIMINARY FIGURES AT 30 JUNE 2026
Michele Colaninno, Piaggio Group Chief Executive Officer : “The second quarter of 2026 was a time of growth for the Group in terms of both vehicles sold and sales revenues. It highlights the constructive work performed by all the subsidiaries worldwide, and the ongoing pursuit of productivity improvements. This translated into strong cash flow generation, which is essential to ensure we are well-equipped to face any inflationary pressures that might develop between now and the end of the year as a result of conflicts and political tensions.
The international exchange rates are still unfavourable for European manufacturers, but we have neutralised their impact by boosting our worldwide sales.”
• 2026 second-quarter sales volumes of approximately 150,000 vehicles (+14% from 132,000 in the year-earlier period) and an overall total of around 258,500 vehicles in the first half of the year (+8.5% from 238,400 at 30 June 2025)
• In the second quarter of 2026, organic consolidated net sales of approximately 515 million euro at constant exchange rates, for growth of about 7% (approximately 500 million euro at current exchange rates compared to 481.9 million euro in the second quarter of 2025)
• In the first half of 2026, consolidated net sales of approximately 880 million euro at constant exchange rates, an improvement of about 3% from 852.5 million euro at 30.06.2025 (approximately 842 million euro at current exchange rates, a reduction of about 1% from the year-earlier period, effectively making up for the entire shortfall of the first quarter)
• Cash generation of approximately 112 million euro in the second quarter of 2026 and approximately 93 million euro in the first half, two best-ever results that took the net financial position at 30 June 2026 to approximately -485 million euro, a strong improvement from -577.6 at 31.12.2025 and -534.7 at 30.06.2025
Pontedera, 09 July 2026 – At a meeting today chaired by Matteo Colaninno, the Board of Directors of Piaggio & C. S.p.A. (PIA.MI) examined the preliminary figures at 30 June 2026.
During the second quarter, the Group sold around 150,000 vehicles, an increase of 14% from the year-earlier period. In the first half to 30 June 2026, the Piaggio Group sold around 258,500 vehicles worldwide, a sales increase of 8.5% compared with 238,400 vehicles sold in the first half of 2025.
In the second quarter of 2026, the healthy sales performance led the Piaggio Group to report consolidated net sales of approximately 515 million euro at constant exchange rates (approximately 500 million euro at current rates).
Group consolidated net sales at 30 June 2026 totalled approximately 880 million euro at constant exchange rates, an improvement of approximately 3% from 852.5 million euro in the first half of 2025 (approximately 842 million euro at 30 June 2026 at current exchange rates).
Cash generation amounted to approximately 112 million euro in the second quarter of 2026 and to approximately 93 million euro in the first half, two best-ever results. Cash flow drove
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net financial debt at 30 June 2026 to stand at approximately 485 million euro, an improvement of approximately 93 million euro from 577.6 million euro at 31 December 2025 and an improvement of about 50 million euro from 534.7 million euro at 30 June 2025.
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The manager in charge of preparing the company accounts and documents, Alessandra Simonotto, certifies, pursuant to paragraph 2 of art. 154 bis of Legislative Decree no. 58/1998 (Consolidated Finance Act), that the accounting disclosures in this statement correspond to the accounting documents, ledgers and entries.
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The Half-Year Report at 30 June 2026 will be examined in accordance with the corporate events calendar.
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For more information:
www.piaggiogroup.com
Piaggio Group Corporate Press Office Director Diego Rancati Via Broletto, 13 - 20121 Milan
diego.rancati@piaggio.com
Corporate Press Officer
Giulia Amendola
giulia.amendola@piaggio.com
Piaggio Group Investor Relations Director Raffaele Lupotto Viale Rinaldo Piaggio, 25 56025 Pontedera (PI)