Profit, lightning, and IPO approval:
a busy week for Piaggio

After reporting a first-quarter profit for the first time in years, and a lightning strike at their Pontedera factory last week. Piaggio’s IPO prospectus was approved by the Italian regulatory agency Consob today. Piaggio is expected to publish the prospectus in the next few days. The Australian has a good story outlining Piaggio’s recent history and return to profitability.