Triumph's profit soars 48 per cent
A bold strategy of new releases in tough times appears to be paying dividends for the British company, with a model line-up that now sits at 22Triumph Motorcycles’ earnings soared by 48 per cent to $34 million in the last financial year. The company's total income rose by 11 per cent to $527 million.
Triumph sold 48,684 machines worldwide during that period, up seven per cent on the previous 12 months thanks to machines like the new Tiger 800 making a strong impact.
At last month’s EICMA show in Milan, Triumphed unveiled three new bikes – a big-bore adventurer called the Explorer (pictured), a premium version of the Speed Triple naked, and a special Steve McQueen edition of the Bonneville.
Meanwhile, Triumph has announced its seven-bike line-up which will spearhead its push into a new, promising frontier -- India. They are the Bonneville, Speed Triple, Street Triple, Tiger 800XC, Daytona 675, Triumph Storm and the Rocket III.
Triumph will also begin selling bikes in Brazil very soon.
Tags
Please see our Editorial Guidelines & Code of Ethics (including for more information about sponsored content and paid events). The information published on this website is of a general nature only and doesn’t consider your particular circumstances or needs.
