Triumph continues growth
From the Hinckley bunker: The Triumph Group continued its strong growth trajectory in the 2005 financial year that ended on June 30 2005.Group turnover rose by 42 per cent from GBP 125 million (USD 225m) to GBP 177 million (USD 318m). The operating profit, before interest and tax, rose from GBP 1.5 million (USD 2.7m) to GBP 10.7 million (USD 19.2m).
In the year under review, unit sales of Triumph motorcycles rose to 31,600. This represents a growth of 29 per cent compared to the previous year's sales of 24,500 units.
The growth of Triumph Motorcycles is the result of an increase in sales across all Triumph's markets. Tue Mantoni, Commercial Director says, "Our growth does not stem from an entry into any new, major markets. Triumph's popularity with customers is growing across the board and it is satisfactory to see that all our markets have performed well above the levels of the previous year."
The new Speed Triple and Sprint ST have been important drivers behind Triumph's increased sales together with the continued demand for the Rocket III. Tue Mantoni, Commercial Director says, "Our recent sales growth shows that our focus on distinctively designed motorcycles with a lot of character has been very successful and this is where our focus will continue in the future. Consumer reaction to the recently unveiled new models - the Daytona 675 Triple, the Bonneville Scrambler and the Rocket III Classic - has been superb".
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