Triumph Motorcycles have announced their financial results for the year ended 30 June 2016, and it’s a much happier picture than the figure for the year before, despite a fall in overall turnover.
In the financial year, within a challenging marketplace, Triumph grew global revenues by £56.3m to £407.6m with profit before exceptional costs increasing by £7.9m to £16.6m.
Triumph has continued to consolidate its global footprint and continues to invest in the development of new motorcycles.
In this financial year, Triumph launched the new Bonneville range, comprising the Thruxton, Thruxton R, Bonneville T120 and T120 Black, as well as the all-new Street Twin, all of which have been met with great acclaim.
Within the same period, Triumph launched a new range update for the Tiger Explorer 1200, Tiger Sport, Speed Triple S and Speed Triple R.
Managing Director Triumph Motorcycles India Pvt Ltd, Vimal Sumbly said “We are extremely proud of the results achieved by the brand globally and at the same time very happy to contribute towards the incredible journey on the brand globally this financial year,” he said.
He added they have sold just over 3500 motorcycles within the last 3 years of operations here in India.
“This has been an exciting year for triumph in India with new launches like T 100 and new dealership launches, bringing us closer to our customers and giving them a complete riding experience,” he said
He added that Triumph has excited about the future and has a long-term vision which requires an ongoing commitment to investment in the company’s people, facilities and great product to ensure the success of the brand.