Hinckley motorbike manufacturer in profits hike

Hinckley-based motorbike manufacturer Triumph Motorcycles has posted a big boost in profits and turnover for its full-year ending 30 June.

Triumph grew global revenues by £90.9m to £498.5m with profit before exceptional costs increasing by £8.1m to £24.7m.

A statement from the firm read: “In the face of continuing challenging economic and currency conditions, including Brexit, Triumph Group has performed strongly and has maintained its commitment and investment in research and development, with a view to furthering the continuous improvements of its products.

“Triumph is excited about the future and is committed to delivering its long-term vision through investment in the company’s people, facilities and product that fuses character, heritage and performance to ensure the success of the brand.”