FINANCIAL ANALYSIS OF PIAGGIO

BY BOLT GROUP
MASTER IN INSURANCE AND RISK MANAGEMENT
GROUP MEMEBERS- CLAUDIA, DANIELE, FOSCARA, JOSE, SILVIU, SIMONE, SOURAV
FIANACIAL ACCOUNTING ASSIGNMENT
UNDER THE GUIDANCE OF PROF. MICHELE BERTONI
 LIST OF CONTENTS
 BREIF DESCRIPTION ABOUT THE COMPANY-
1. COMPANY PROFILE
2. FINANCIAL PRODUCTS
3. FINANCIAL MARKETS AND COMPETITORS
 COMMON SIZE FINANCIAL STATEMENTS
 FINANCIAL HEALTH-
1. PROFITABILITY, ROE, OPERATING ROS AND ROI
 EFFICIENCY-
1. AVERAGE INVENTORIES TURNOVER
2. AVAERAGE SETTLEMENT FOR ACC RECIEVABLE AND ACC PAYABLE
 LIQUIDITY-
1. CURRENT RATIO
2. ACIDE TEST RATIO
3. CASH FLOW ANALYSIS
 FINANCIAL GEARING
1. DEBT/EQUITY RATIO
2. GEARING RATIO
3. INTEREST COVER RATIO
 COMMENTS ON FINANCIAL TOOLS USED-
1. OPERATING RISK, FINANCIAL RISK (IN TERMS OF PROFITABILITY AND FINANCIAL LEVERAGE
 ADVISE ON PROSPECTIVE INVESTOR/AGAINST AN EQUITY/DEBT INVEST IN THE GROUP
 CONCLUSION
 COMPANY PROFILE
 The company founded in 1884 by RINALDO PIAGGIO in Genoa, Italy for naval and latter metal works and rail road
production.

 More precisely on 23 rd April 1946, society turned its production under the project of CORRADINO D’ASCANIO, patented a
motorcycle, that become the symbol of two wheel drive- VESPA.

 Most representative brand of Piaggio group. Symbol of elegance and world-wide ambassador of Made in Italy.

 Largest manufacturer of two wheel vehicle drive in Europe and one of the most important operator in this sector worldwide.

 Group is headquartered in Pontedera (Pisa, Italy)

1. Plants in Italy-Pontedera, Scorze, Mandello del lario.
2. Production facilities in Baramati (India) and Vinh phuc (Vietnam).
3. Operates in china with a joint venture in Foshcan.

 The group consist of 23 subsidiaries and 5 associated companies.

 MAIN FINANCIAL PRODUCTS OF THE COMPANY
 PRODUCTS CAN BE DIVIDED INTO TWO GROUPS-
1. Two wheel vehicle (scooters and motorcycles):-
 Two wheel for daily uses- VESPA, SCORABEO, GITERA, PIAGGIO.
 They also offer higher performances products at speed- APRILIA, DERBI.
 For recreational use- MOTO GUZZI.

 LIGHT COMMERCIAL VEHICLES(BOTH THREE AND FOUR WHEELS)-

1. Range of commercial vehicles with weighing less than 3.5 tons.
2. Designed for intracity transport.
3. They are characterized in respect to – compactness, robustness, agility, high load capacity, door to door deliveries, low
impact journey.

 The group has also joined its spare parts, accessories, assistance service and the possibility of selling third parties in terms
of engines.
FINANCIAL MARKET AND COMPETTITORS
FINANCIAL MARKET AND COMPETTITORS
COMMON SIZE FINANCIAL STATEMENTS
 FINANCIAL HEALTH OF THE COMPANY
 PROFITABILITY
 FINANCIAL HEALTH OF COMPANY

 EFFICIENCY-
 FINANCIAL HEALTH OF THE COMPANY

 LIQUIDITY-
 FINANCIAL HEALTH OF THE COMPANY

 FINANCIAL GEARING-
 COMMENTS ON THE FINANCIAL HEALTH

 OPERATING RISK-  FINANCIAL RISK

COMMENTS ON FINANCIAL HEALTH OF THE COMPANY
COMMENTS ON FINANCIAL HEALTH OF THE COMPANY
COMMENTS ON FINANCIAL HEALTH OF THE COMPANY
COMMENTS ON FINANCIAL HEALTH OF THE COMPANY
FINANCIAL ADVISE FOR AN PROSPECTIVE INVESTOR
FINANCIAL ADVISE ON REGARD OF EQUITY
FINANCIAL ADVISE ON DEBT INVESTMENT IN THE GROUP
THANK YOU
FOR
YOUR
PATIENCE