Conceding that the pandemic problems, supply chain issues and now the conflict in Ukraine has called for extraordinary measures, Ducati CEO Claudio Domenicali reported the best revenues and operating profit in company history. Ducati delivered 59,447 motorcycles to dealers around the globe, a 24% increase over 2020 (48,042) and +12% over 2019 (53,183). This accounted for record revenues € 878 million, up 30% over 2020 and +23% over 2019.
"It is difficult to comment on the economic results without taking into account the ongoing conflict in Ukraine,” said Domenicalli. “I really hope that the hostilities will come to an end as soon as possible, with a cessation of violence and a return to diplomacy to resolve disputes. We come from an already particularly complex year, during which, like all players in the production industry, we have faced difficulties related to the ongoing supply crisis.
“However, thanks to great flexibility and constant dialogue with our partners and the trade union, at Ducati we were able to satisfy a record number of passionate customers, while also achieving excellent numbers on financial performance. These achievements are the outcome of a team effort that has involved every single employee working at Ducati in Borgo Panigale, in the subsidiaries and in the dealerships all over the world, as well as a select group of high quality suppliers. I want to thank all of them for their passion and commitment, as well as all the Ducatisti who have put their trust in us by choosing our bikes.”
He believes these positive results were facilitated by retail expansion. Ducati opened 84 new dealerships in key locations, contributing to the extension of a global sales network that now numbers more than 790 dealers in over 90 countries.