Triumph sales up 10 percent
December 4, 2007
Filed under Features
Triumph Motorcycles’ revenue rose by 10 percent for its 2007 financial year, the company reported in a Dec. 4 press release.
Net sales increased to $440 million in 2007. Also for fiscal year 2007, motorcycle sales rose 10 percent to 41,125 for the company. Operating profit, before interest and tax, grew 22 percent to $25.2 million.
The launch of the Triumph Tiger in late 2006 and continued success with machines such as the Daytona 675, Speed Triple and Rocket III, along with demand for Triumph’s retro classics, contributed to sales upswing, the company said.
“Triumph has grown steadily year on year for the last few years, which has given us a very solid business platform,” said Tue Mantoni, commercial director. “This year’s figures continue the trend, despite tougher conditions in the U.S. market.”