Triumph doubles profits in 2016
Triumph celebrates a victorious year as it announces almost doubled profits for 2016.
The British-based manufacturer’s profit increased to £16.6 million, up from £8.7 million in 2015. Triumph’s revenue also climbed 16% to reach £407.6 million after selling 56,253 bikes during the last year.
It’s looking good for the classic British marque which went bankrupt in 1983. Triumph will be looking ahead to repeat this success in 2017.