From a press release issued by Triumph Motorcycles (America):

TRIUMPH MOTORCYCLES REPORTS RECORD REVENUE AND PROFIT FOR 2005 FISCAL Year

Triumph Motorcycles’ success continues

Triumph Motorcycles, Ltd., the global parent of US distributor, Triumph Motorcycles (America), Ltd. remained on its strong growth path in the 2004 fiscal year that ended on June 30th 2004.

Group revenues rose by 14% from $211m to $240m. Operating profit, before interest and taxes, grew to $2.8m.

Two years ago Triumph had a serious factory fire that disrupted production for six months. This contributed to a loss, before interest and tax, of $8.5m for the prior year that ended on June 30th 2003. The 2004 results reflect a full recovery from the fire.

Bloor Holdings Limited owns the Triumph Group. Bloor Holdings is a closely held private company with net assets of $517m.

Significant growth in sales

The successful launch of two new models – the Rocket III and Thruxton 900, a new marketing strategy and a restructuring of the dealer network has resulted in significant sales growth for Triumph.

Triumph’s dealer restructuring program has resulted in higher sales per dealer and quicker stock turnover leading to significantly increased dealer profitability. In recognition of the impact of Triumph’s new strategy in terms of sales, service and exposure, Triumph was awarded the ‘British Brand of the Year’ title at the 2004 Walpole British Excellence Awards.

Promising start to the current financial year

In the first 6 months of the current fiscal year, Triumph’s global sales have increased over 30% and this trend is expected to continue.

Tue Mantoni, Commercial Director says, “Consumer reaction to our recently launched new models – the new Sprint ST and Speed Triple – has been superb and our dealers have received an exceptional number of deposits for both bikes.”

As a result of the continued positive development, Triumph will increase overall production for the next financial year by more than 25%, taking production at the Hinckley facility to record levels.

Triumph Motorcycles (America) Ltd., is a wholly owned subsidiary of Triumph Motorcycles, Ltd., a manufacturer of Triumph motorcycles and accessories. Triumph Motorcycles (America) Ltd., is located in Newnan, GA and services the Triumph dealer organization throughout the United States, Canada and Latin America.