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Triumph sales tearing away
Triumph Motorcycles has reported a 42 per cent surge in group turnover for the 2005 financial year.
The motorbike maker announced in a statement that group turnover soared in the year to June 30th from £125 million in 2004 to £177 million. Worldwide pre-tax operating profit was up from £1.5 million in 2003-04 to £10.7 million in 2004-05.
The company attributed the steep rise in sales to the strong global performance of its Speed Triple, Rocket III and Sprint ST models. Unit sales of Triumph motorcycles rose to 31,600 over the year to June, an increase of 29 per cent.
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Commercial director of Triumph, Tue Mantoni, commented: "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."
Mr Mantoni also revealed that initial consumer response to its new Daytona 675 Triple, Bonneville Scrambler and Rocket III Classic models has been "superb". The British firm is based in Hinckley, Leicestershire.
Triumph also stated that unit sales increased over the four months since the end of June by around 23 per cent, with most of this financial year's production volume already sold.
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