Ducati Motor Holding Announces First Quarter 2001 Revenues

Apr 18, 2001, 01:00 ET from Ducati Motor Holding S.p.A.

    BOLOGNA, Italy, April 18 /PRNewswire/ -- Ducati Motor Holding S.p.A.
 (NYSE:   DMH, Milan's Telematico: DMH), a leading manufacturer of high
 performance motorcycles, today announced consolidated revenues for the first
 quarter ended March 31, 2001.
     For the first quarter, revenues were Euro 100.6 million (US$88.8 million)
 representing like-for-like growth of 2.9% over the same period in 2000.  Total
 sales were down 2.0% from Euro 102.6 million (US$90.6 million) during the same
 period in the previous year. This is due to a decrease of "miscellaneous other
 sales" of Euro 4.8 million, reflecting the one-off buy-back of inventory by
 the newly established UK subsidiary from the previous importer in January
 2000. Revenues from Ducati motorcycles for the period increased 0.3% to Euro
 85.6 million and represented 85.1% of revenues. Motorcycle-related products,
 including spare parts, technical accessories and apparel, rose 21.3% to Euro
 14.7 million over the comparable period in the previous year.
     "First quarter 2001 numbers were depressed by various factors," said Carlo
 Di Biagio, Ducati Chief Executive Officer. "These include a combination of
 uncertainty about the economy in general, harsh weather conditions,
 particularly in the US and in Europe, and delayed shipments of our high-demand
 new models, the Monster S4 and the ST4S, in certain markets."
     While official three-month world registration data, a measure of retail
 sales, are not yet available, the Company's best estimates suggest uneven
 registrations performance around the world.  Ducati registrations decreased 6%
 in the three month period in particular due to the US and Italy. However,
 Japan and France posted strong results.
     Over the previous four years, Ducati's first quarter registrations growth
 rates have fluctuated widely, and have not correlated with final annual growth
 rates. As the Company has indicated in the past, results should be looked at
 on a semester basis to have a better indication of performance.
     "We are stepping up production of the S4 and ST4S to fulfill back-orders.
 More bikes will be available in the next few weeks," added Di Biagio. "As the
 weather perks up and the season gets going, we look forward to significant
 improvements over the next quarter."
     Ducati Motor Holding will provide a detailed breakdown of sales in
 conjunction with its release of first quarter 2001 earnings in mid-May.
 
     Founded in 1926, Ducati builds racing-inspired motorcycles characterized
 by unique engine features, innovative design, advanced engineering and overall
 technical excellence. Ducati has won nine of the last eleven World Superbike
 Championship titles and more individual victories than the competition put
 together. The Company produces motorcycles in four market segments which vary
 in their technical and design features and intended customers: Superbike,
 Supersport, Monster and SportTouring. The company's motorcycles are sold in
 more than 40 countries worldwide, with a primary focus in the Western European
 and North American markets. For more information about the Company, please
 visit our web site at http://www.Ducati.com.
 
     This press release contains statements that are forward-looking and are
 subject to a number of risks and uncertainties that could cause actual results
 to differ materially from those anticipated, as described in the Company's
 1999 annual report, filed with the U.S. Securities and Exchange Commission on
 Form 20-F, dated July 3, 2000.
 
 

SOURCE Ducati Motor Holding S.p.A.
    BOLOGNA, Italy, April 18 /PRNewswire/ -- Ducati Motor Holding S.p.A.
 (NYSE:   DMH, Milan's Telematico: DMH), a leading manufacturer of high
 performance motorcycles, today announced consolidated revenues for the first
 quarter ended March 31, 2001.
     For the first quarter, revenues were Euro 100.6 million (US$88.8 million)
 representing like-for-like growth of 2.9% over the same period in 2000.  Total
 sales were down 2.0% from Euro 102.6 million (US$90.6 million) during the same
 period in the previous year. This is due to a decrease of "miscellaneous other
 sales" of Euro 4.8 million, reflecting the one-off buy-back of inventory by
 the newly established UK subsidiary from the previous importer in January
 2000. Revenues from Ducati motorcycles for the period increased 0.3% to Euro
 85.6 million and represented 85.1% of revenues. Motorcycle-related products,
 including spare parts, technical accessories and apparel, rose 21.3% to Euro
 14.7 million over the comparable period in the previous year.
     "First quarter 2001 numbers were depressed by various factors," said Carlo
 Di Biagio, Ducati Chief Executive Officer. "These include a combination of
 uncertainty about the economy in general, harsh weather conditions,
 particularly in the US and in Europe, and delayed shipments of our high-demand
 new models, the Monster S4 and the ST4S, in certain markets."
     While official three-month world registration data, a measure of retail
 sales, are not yet available, the Company's best estimates suggest uneven
 registrations performance around the world.  Ducati registrations decreased 6%
 in the three month period in particular due to the US and Italy. However,
 Japan and France posted strong results.
     Over the previous four years, Ducati's first quarter registrations growth
 rates have fluctuated widely, and have not correlated with final annual growth
 rates. As the Company has indicated in the past, results should be looked at
 on a semester basis to have a better indication of performance.
     "We are stepping up production of the S4 and ST4S to fulfill back-orders.
 More bikes will be available in the next few weeks," added Di Biagio. "As the
 weather perks up and the season gets going, we look forward to significant
 improvements over the next quarter."
     Ducati Motor Holding will provide a detailed breakdown of sales in
 conjunction with its release of first quarter 2001 earnings in mid-May.
 
     Founded in 1926, Ducati builds racing-inspired motorcycles characterized
 by unique engine features, innovative design, advanced engineering and overall
 technical excellence. Ducati has won nine of the last eleven World Superbike
 Championship titles and more individual victories than the competition put
 together. The Company produces motorcycles in four market segments which vary
 in their technical and design features and intended customers: Superbike,
 Supersport, Monster and SportTouring. The company's motorcycles are sold in
 more than 40 countries worldwide, with a primary focus in the Western European
 and North American markets. For more information about the Company, please
 visit our web site at http://www.Ducati.com.
 
     This press release contains statements that are forward-looking and are
 subject to a number of risks and uncertainties that could cause actual results
 to differ materially from those anticipated, as described in the Company's
 1999 annual report, filed with the U.S. Securities and Exchange Commission on
 Form 20-F, dated July 3, 2000.
 
 SOURCE  Ducati Motor Holding S.p.A.