Triumph profits stall as result of China downturn
Manchester Evening News|January 08, 2025
TRIUMPH, the iconic motorcycle brand, has seen its profits stall due to an economic downturn in China and a drop in sterling's value.
JON ROBINSON
Triumph profits stall as result of China downturn

The Derbyshire-based firm, owned by billionaire John Bloor, reported a pre-tax profit of £72.6m for the year ending 30 June 2024, a slight increase from the previous year's £72.3m.

Recent filings with Companies House show that the firm's turnover fell from £703.2m to £682.8m over the same period.

Bloor, who revived Triumph in the 1980s after the original company went into receivership, also owns Bloor Homes.

In the UK, the company's turnover rose from £83.9m to £87m, and from £288.6m to £304.4m in the rest of Europe.

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