Triumph post financial results hailing successful 2016
Triumph have reported a rise in its profits, making £16.6 million in 2016, nearly double the £8.7 million profit of 2015.
Bike sales are up 4.5% from 53,812 machines in 2015 to 56,253 and the profits have increased by a massive 90.8%, despite the company putting £26.9 million into research and development, which was up by £5 million from 2015.
Sales will have been helped by the introduction of a number of key models to the range this year. The Bonneville range was completely shaken up with the most notable changes coming to the Thruxton model, which was revamped to make it an absolute showstopper, further helped by the breath-taking Thruxton R and also the new T120. The popular Street Twin was also introduced the range to popular acclaim too along with updates to the Tiger Explorer 1200 and Tiger Sport along with changes to the Speed Triple R and newly introduced Speed Triple S.
Big plans for 2017
2017 looks set to be another big year for the Hinckley company as they see the introduction of yet more models this year, which will include the brand new Bobber, the Street Cup and Scrambler that are based around the Street Twin and the updated Street Triple but to name just a few, not forgetting the new T100 too. It’s going to be another busy one.
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