Commenting on its 2022 full-year financial performance , Piaggio Group Chairman and CEO Roberto Colaninno stated that " the Piaggio Group closed 2022 with its best results ever , setting new records for all indicators , including net sales of more than € 2bn and net profit up 41.4 % to € 84.9m . " The geopolitical and macroeconomic situation was and continues to be complicated , but we are confident and optimistic about 2023 and will continue along the important growth path we have already mapped out - confirming our investment plans and our commitment to ESG issues . For the year ended 31 December 2022 , the Group sold 516,200 twowheelers worldwide , an increase of 14.8 % from 449,700 in 2021 , generating net sales of € 1,683.8m (+ 23 % from € 1,369m at 31 December 2021 ). The figure includes spares and accessories , on which turnover totalled € 155.5m , (+ 11.6 % from € 139.4m in 2021 ). Turnover from two-wheeler sales in 2022 was particularly strong in Asia Pacific (+ 57.1 %), followed by the

Americas (+ 42.7 %) and EMEA (+ 10.3 %), while a slight decrease was reported in India ( -5.3 %). In Europe , the Piaggio Group confirmed its leadership in the scooter segment with a share of 22.9 % ( 22.7 % at 31 December 2021 ) and further strengthened its positioning on

the North American scooter market , with a share of 35.4 % ( 35 % at 31 December 2021 ). In North America , the Group is also consolidating its presence in the motorcycle segment with the Aprilia and Moto Guzzi brands .

The scooter sector reported a 14.3 % rise in worldwide sales , led by the Vespa brand , which recorded a turnover increase of almost 30 %, by the Piaggio Liberty high-wheel scooter , by the new Piaggio 1 electric scooter and by the Aprilia scooters . The motorcycle sector closed 2022 with a 19.7 % improvement in sales volumes and record results . The Aprilia brand reported its highest ever turnover , up more than 30 %, with particularly strong support from the Aprilia RS , Tuareg 660 and Tuono 1100 , and a positive effect from the excellent results achieved by Aprilia Racing in the MotoGP Championship : in addition to Aleix Espargaró ’ s historic first victory , the team achieved eight podiums and two pole positions . Moto Guzzi reported record sales volumes and turnover up by more than 15 % to the best result ever , led by the all-terrain V85TT , the new Moto Guzzi V100 Mandello and the V7 range . In corporate terms , consolidated net sales of € 2,087.4m was the highest figure ever reported , up 25.1 % (€ 1,668.7m at 31.12.2021 ).