Triumph closes year with £2.3m profit.
Triumph made £2.3m profit in 2014/2015 according to financial reports just released – that compares to a huge £8m loss made in the 12 months prior to last year’s business year.
In real terms the latest set of books for the Hinckley-based firm show that Triumph has brought in £10.5m more revenue over the past year than it managed the year before.
A statement from the factory highlights a raft of new models (including the new Bonneville models launched last month) as part-reason for the growth.
Triumph also says that it invested £25.3m in new model development in 2013/2014 and a further £25.3m in the same program for 2014/2015. Those figures equate to 7.5% of turnover and Triumph says that it will continue to invest the same percentage for the long-term. Impressive stuff.
- Buy AND Sell your bike for FREE! Yeah, FREE. Place your ad and shift your stuff in front of more than EIGHT AND A HALF MILLION users. - 3 June 2020
- FETTLING FRIDAY: How to REPLACE your bike’s HOSES and COOLANT. Episode SIX. MoreBikes NEW motorcycle maintenance VIDEO series. - 1 May 2020
- FETTLING FRIDAY: Episode Five. Replace your bike’s Clutch Plates and Hose. - 24 April 2020
Does this get you revved up? Tell us why...
Subscribe to MoreBikes Newspaper
Get MoreBikes delivered through your letterbox every month. 12 issues for £15. Click here for more information.
Get MoreBikes.co.uk Updates
Enter your e-mail address below and you will receive biking news straight into your inbox...
You can unsubscribe at any time.