Ducati has announced turnover during the first nine months of 322.2 million euros, showing an increase of 43.8 pct compared to the 224.2 million euro recorded during the same period of last year.

The Ducati Motor Holding S.p.A. Board of Directors has approved its first nine months results of 2007 at September 30th 2007. Turnover during the first nine months of 2007 amounted to 322,2 million euro, showing an increase of 43.8% (+47,5% at constant forex rate) compared to 224,2 million euro recorded during the same period of the previous year.

This increase in turnover is mainly due to the sales of new products, particularly Superbike 1098 and Hypermotard. Worldwide registrations in the first half of 2007 grew 14.7% compared to the same period last year.

EBITDA amounted to 49.9 million euro equal to 15,5% of turnover, compared to 24.0 million euro
recorded during the previous year (10.7% of turnover for the same period in 2006). At constant exchange rates, EBITDA is 56,7 million euro (i.e. 17.6% of turnover) with an increase of 32.7 million euro versus the previous year. Operating profit (Ebit) during the first nine months of 2007 amounted to 28.1 million euro (or 8,7% of sales) compared to 9.0 million euro (or 4.0% of sales) recorded during the first nine months of 2006. Profit before tax amounted to 25.0 million euro (versus 3.9 million euro during the previous year). Net Profit amounted to 17.6 million euro compared to a net loss of 4.6 million euro recorded for the same period the previous year. Net financial position at September 30th 2007 amounted to 9.5 million euro positive and shows a substantial improvement compared to the indebtedness of 46,7 million euro recorded at September 30th 2006.

During December Ducati Motor Holding will present the new strategic plan 2008-2010 to the financial community. The plan will set the guidelines for growth for the coming years. “This quarter is the third in a row of constant improvement, emphasizing a continuing trend of positive financial results.” – commented Ducati’s Managing Director Gabriele Del Torchio – Registrations have improved by 14.7% compared to the same period last year, in a substantially stable market. We are truly excited by the results accomplished on racetracks all over the world. After 33 years of uninterrupted Japanese domination, Casey Stoner has won the MotoGP World Championship on the Ducati GP7, all three categories: riders, constructors and team. These results confirm an even stronger brand and our widening appeal to the market. This is the best confirmation of innovation quality and reliability of our products and the results reached by a cohesive and motivated team. In the next few days the motorcycle fair EICMA will open in Milan and on this occasion we will present our range of exciting new models that will sustain our sales objectives for the next few years.”

“All the indicators in the first nine months are growth positive: a trend that confirms our strategic decisions. In particular the return to a positive net financial position permits us to proceed with the development of new product and an enhanced dealer network with new determination” added Enrico D’Onofrio, Ducati CFO.” In the last quarter of this year we will concentrate on controlling the quality and the volume of the dealer inventory as we prepare the market for 2008. Thanks to the results to date, and notwithstanding the negative effect of a very strong Euro, we expect an increase of EBIDTA to 13% of revenues.”

Founded in 1926, Ducati builds racing-inspired motorcycles characterized by unique engine features, innovative design, advanced engineering and overall technical excellence. The company produces motorcycles in seven market segments which vary in their technical and design features and intended customers: Superbike, Supersport, Monster, Sport Touring, Multistrada SportClassic and the new Hypermotard. The Company’s motorcycles are sold in more than 60 countries worldwide, with a primary focus in the Western European, Japan and North American markets. Ducati has won fourteen of the last sixteen Workd Superbike Championship titles and more individual victories than the competition put together. Since 2003 Ducati has also been taking part in the MotoGP World Championship.