Piaggio nine-month profit rises almost 18% to €37.3 million

Vespa-maker Piaggio disclosed nine-month net profit of €37.3 million, up from €31.7 million a year earlier. The group sold 388,800 vehicles through September, up around 12%, while Indian market volumes grew 31% and European market share remained stable at 17.8%. Piaggio said its 2026 guidance remained dependent on geopolitical and economic stability supporting consumer spending, without providing precise forecast figures.