 Triumph Motorcycles' sales grow by 10%
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Joined: Jan 2005
Posts: 12,164 Likes: 1
Should be Riding
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OP
Should be Riding
Joined: Jan 2005
Posts: 12,164 Likes: 1 |
Triumph Motorcycles' sales grow by 10%http://www.easier.com/view/Bikes/Triumph_News/article-149927.htmlTriumph Motorcycles announced strong sales and continued positive growth for the 2007 financial year, which ended on 30 June 2007. Group turnover rose by 10% from GBP 200 million (USD 400m) to GBP 220 million (USD 440m). In the year under review, sales of Triumph motorcycles rose by 10% to 41,125 units. The operating profit, before interest and tax, grew by 22% to GBP 12.6 million (USD 25.2m). The launch of the Triumph Tiger in late 2006 and the continued success of class leading machines such as the Daytona 675, Speed Triple and Rocket III, plus the enduring popularity of Triumph’s retro classics, have all contributed to this strong sales performance. Tue Mantoni, Commercial Director comments: “Triumph has grown steadily year on year for the last few years, which has given us a very solid business platform. This year’s figures continue the trend, despite tougher conditions in the US market, and demonstrate clearly that Triumph continues to be a dynamic and profitable business.†Mantoni continues: "A significant contribution to our growth in sales stems from the successful launch of new products and the work we have done with our global dealer network. The consistent, positive performance allows us to continue to invest strongly in R & D and also to attract stronger dealers, who are crucial to deliver our vision of providing outstanding customer experiences.†The strategic focus for 2008 remains sustainable and profitable growth. Triumph’s 2008 financial year has started strongly with the successful launch of two new models. The new Street Triple has redefined the middleweight streetfighter class, while the most recent addition, the Rocket III Touring, provides consumers with the ultimate machine for long distance touring.
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Re: Triumph Motorcycles' sales grow by 10%
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Joined: Jan 2005
Posts: 8,639 Likes: 3
Old Hand
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Old Hand
Joined: Jan 2005
Posts: 8,639 Likes: 3 |
I'm trying to save up to buy a few shares if they ever go public. Dunno if that would be good for them though, I bought into Henderson/Excelsior and they folded just when htey were going into production.
Let's hope there's intelligent life somewhere in space 'cause it's buggar all down here. -- Monte Python
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Re: Triumph Motorcycles' sales grow by 10%
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Joined: Jan 2005
Posts: 2,531
Loquacious
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Loquacious
Joined: Jan 2005
Posts: 2,531 |
great news for our favorite marquee !
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Re: Triumph Motorcycles' sales grow by 10%
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Joined: Jan 2005
Posts: 5,590
Check Pants
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Check Pants
Joined: Jan 2005
Posts: 5,590 |
Quote:
plus the enduring popularity of Triumph’s retro classics
When Mantoni mentions "retro classics", is he referring to owner or machine?
jh
"It's not what I say that's important, it's what you hear" Red Auerbach
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Re: Triumph Motorcycles' sales grow by 10%
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Joined: Jan 2005
Posts: 2,968 Likes: 1
Loquacious
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Loquacious
Joined: Jan 2005
Posts: 2,968 Likes: 1 |
I hope they never go public. Stockholders can have a bad influence on startegic direction and long term planning.
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Re: Triumph Motorcycles' sales grow by 10%
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Joined: Feb 2007
Posts: 23,217 Likes: 61
Fe Butt
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Fe Butt
Joined: Feb 2007
Posts: 23,217 Likes: 61 |
maybe a little of both.
Good to hear Triumph is doing well. I have been hoping they would be around for some time to come.
I learned all I need to know about life by killing smart people and eating their brains.
Eat right ,Exercise ,Stay fit, Die Anyway!
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Re: Triumph Motorcycles' sales grow by 10%
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Joined: Sep 2007
Posts: 820
3/4 Throttle
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3/4 Throttle
Joined: Sep 2007
Posts: 820 |
Could this be linked with the drop in Harley sales? Has the American market contributed to this 10% increase, more than the global market has? 
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Re: Triumph Motorcycles' sales grow by 10%
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Joined: Jan 2005
Posts: 3,753
Loquacious
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Loquacious
Joined: Jan 2005
Posts: 3,753 |
good news, imagine if there was more then a handful of good dealers here in the us
Frank
(Former)05 BA tbike pipes, ai removed, Freak, mikuni hsr 42's, 904, ported/polished head, 1mm oversized valves
NOW-2010 silver and black tbird
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Re: Triumph Motorcycles' sales grow by 10%
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Joined: Jan 2005
Posts: 12,164 Likes: 1
Should be Riding
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OP
Should be Riding
Joined: Jan 2005
Posts: 12,164 Likes: 1 |
Quote:
When Mantoni mentions "retro classics", is he referring to owner or machine?
jh
Yes  
Soren
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Re: Triumph Motorcycles' sales grow by 10%
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Joined: Aug 2007
Posts: 14
Complete Newb
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Complete Newb
Joined: Aug 2007
Posts: 14 |
Quote:
good news, imagine if there was more then a handful of good dealers here in the us
Frank
We have the same problem down here mate... 
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Re: Triumph Motorcycles' sales grow by 10%
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Joined: Jan 2005
Posts: 5,590
Check Pants
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Check Pants
Joined: Jan 2005
Posts: 5,590 |
Quote:
Could this be linked with the drop in Harley sales?
I don't think so, if anyone receives motorcycle consumer news, they publish market share reports. I think the last numbers for the Triumph line were around 3-4%. HD and Honda combined are over 50%. Total Triumph sales wouldn't dent a 10% reduction by HD.
I think their financial mantra is steady growth. Besides, who wants to see a log jam of Triumph's parked at every beer joint around the globe.
jh
"It's not what I say that's important, it's what you hear" Red Auerbach
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Re: Triumph Motorcycles' sales grow by 10%
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Joined: Nov 2007
Posts: 1
Complete Newb
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Complete Newb
Joined: Nov 2007
Posts: 1 |
And don't forget, as the dollar gets trashed against the pound, euro etc., export prices either go up or the manufacturer eats it.
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