News Hound
Ducati has reported a 2007 net profit of 13.3 million Euro – a significant turnaround from the reported 8.5 million Euro loss in 2006.
The Italian manufacturer has declared a target for 2008 of a 15% rise in sales "Our targets for 2008 are ambitious but within reach: a 15 percent rise in sales, a margin of 15 percent and a positive net financial position," Chief Financial Officer Enrico D'Onofrio said.
http://www.motobke.co.uk
Hardcore Biker
I wonder how much of there funds go into their WSB and Motogp campaigns every year?
13.3 million euro's doesn't sound that great either - considering every man and his dog wanted a 1098
Two Words - Denny Crane
Forum whore
It's a tiny company. The NZ Post site at Petone is a bigger operation than Ducati.
If a man is alone in the woods and there isn't a woke Hollywood around to call him racist, is he still white?
x
Achieved by either charging ridiculous prices for spares ($1200 for rings for 2 pistons for my 900), or just not carrying any spares for older bikes. I think the idea is to force riders to dump their old bikes to buy a new Ducati, rather than trading them in... Bastards.Originally Posted by Bob
UKMC #64
Fenweasal
Don't forget it's only accounting. IFRC Ducati is part of the Fiat/Ferrari/who ever else is making a motorised vehicle in Italy this week conglomerate.
As Jim2 says they are a very small operation cf most other m/cycle manufacturers.
Their involvement in WSB and MotoGP is probably more important to them as far as branding goes than any of the other manufacturers. (Even if they do bend the rules a bit in WSB). They need to create an air of exclusivisity to maintain unit sales.
I am honsetly surprised that they make a profit at all. Monsters must be as cheap as chips to make, but their sports bikes must get close to being uneconomic to produce.
frequent infrequenter
that's where sponsorship helps out..
the way I see it, they've made €28.8m cos they recovered from the €8.3m loss and made profit.. no..?
Guest
Remember that this is Italy. I wonder what their real balance sheet looks like.
Guest
Their bikes are the same colour too...
Wherever I may roam
Hmmmm, Ducati postie bikes huh?
Now that I would like to see!
"I came into this game for the action, the excitement... go anywhere, travel light,... get in, get out,... wherever there's trouble, a man alone... Now they got the whole country sectioned off; you can't make a move without a form."
Paved roads are just another example of wasted tax payer dollars.
Campione del mondo
No. Accounting profits only look over the period. They always start from zero.
frequent infrequenter
Hardcore Biker
Good, they are making money again! Hopefully they'll lower the price on the 848 so that I can buy one (I wish).
Hardcore Biker
Are these figures ever going to be accurate?
Would a company this big not use extremely clever accountants to write off profit against bullshit "expenses" to create low profit and therefore low tax?
Is Ducati owned by a firm that makes money on another brand? Possibly last years "loss" was used to write off against their tax?
Maybe?
Campione del mondo
From my experience accounting profits and taxable profits are quite different and often not related that closely. Companies always want to inflate accounting profit as it makes the company look better and makes funding easier whereas they want to reduce taxable profit so they have to pay less tax.
Very few people outside the company/their auditors/the tax department will ever see taxable profit so have to work with accounting profit.
No figure will ever be entirely accurate but accounting profit is as close as youll get to see.
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