Triumph Motorcycles Group, the historic motorbike marque, enjoyed a 19pc rise in sales last year but has warned it is “cautious†for the future as the economic downturn hurts consumers.
Triumph, which has enjoyed a resurgence since John Bloor bought the company in the 1980s, saw turnover grow 29pc to £284m in the year to June 30, 2008, it has revealed.
The privately owned company, which has lined up Lord Jones, the former trade minister, as chairman, saw sales grow from 41,125 to 48,929 motorbikes, due to overseas growth and the introduction of new models. Pre-tax operating profits rose 16pc to …Â Details
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