Triumph feels good vibrations

Britain’s biggest motorcycle maker has reported a near-doubling of annual profit to £16.6 million while global revenue has jumped £56.3 million to £407.6 million.

Triumph Motorcycles, which was founded in 1902, said it was selling nearly 60,000 bikes per year to more than 57 countries.

The percentage of motorcycles sold overseas rose from 84.4 per cent to 85.3 per cent.

During its latest financial year the Hinckley-based manufacturer launched the new Bonneville range, comprising the Thruxton, Thruxton R, Bonneville T120 and T120 Black, as well as the all-new Street Twin. Within the same period, Triumph also launched a new range update for the Tiger Explorer 1200, Tiger Sport, Speed Triple S and Speed Triple R.

“Triumph has performed strongly over the last few years against a backdrop of challenging currency, economic and motorcycle market conditions. The group remains dedicated to the continuous improvement of its products,” the company said in a statement.