Saturday, August 11, 2007

DUCATI MOTOR HOLDINGS ANNOUNCES MUCH IMPROVED RESULTS FOR THE FIRST HALF OF 2007

Ducati recently released (Aug. 8) its financial results for the first two quarters of 2007. The results are much improved over the same period in 2006. Some highlights:

Increase in EBITDA to 38.9 million Euro (+71%).

Increase in Net Profit to 16.3 million Euro (+623%). (AUTHORS NOTE: The Ducati earnings announcement apparently transposed the figures for Net Profit and EBITDA. But as long as the CFO knows the difference, that’s okay.)

Increase in Revenues to 235.7 Euro (+ 40%).

Unit Sales increased 26.7%.

STOCK PRICE REFLECTS IMPROVED RESULTS

Ducati recently delisted its ADRs from the New York Stock Exchange. The stock (ADR) trades on the OTC Bulletin Board as a Pink Sheet stock with the symbol of DMHYY:PK. The stock is currently at 27.55, with a 52 week high/low 30.25/20.25, according to the OTC Bulletin Board quote.

The Author has owned Ducati stock in the past, but does not currently hold the stock. He does hold a Ducati motorcycle, a 2005 999 Superbike that appears with the Author in the picture on this website.

WE WILL TAKE THE DUCATI BIKES OVER THE STOCK IN THE DESERT OF THE REAL!

IMPORTANT DISCLAIMER: This blog is offered for informational purposes only. Sources of information provided are believed to be reliable, but are not guaranteed to be complete or without error. Opinions and suggestions are provided with the understanding that readers acting on information contained herein assume all risks involved. The author may or may not buy or sell securities discussed in this newsletter.