Features
Triumph reports 18 percent increase in year-end sales
The Triumph Group reported a substantial growth in new unit sales in 2006, but said its operating profit remained at about the same level as the previous year.
The makers of Triumph motorcycles recently reported some of their year-end financial numbers. The company’s operating profit, before interest and tax, was $19.1 million for its 2006 financial year, which ended June 30.
New unit sales rose 18 percent to 37,400 units from the previous year’s 31,600.
Operating profit did not rise, the company reported, because Triumph invested in new production capacity.
