PIA: Record cash generation, peak margins, and strong volume growth in H1 2026
Record cash generation and peak margins marked H1 2026, with strong volume growth in India and Africa and a rebound in scooters and LCVs. Despite FX headwinds, gross margin and EBITDA margin reached record levels, and leverage improved to 1.9x.Original document: Piaggio & C. S.p.a. [PIA] Slides Rel…