A woman drives a Vespa scooter in downtown Rome, Italy, June 15, 2018. (Photo: REUTERS)

With revenues of more than 2 billion euros, "the group ended 2022 with its best results ever, setting new records for all indicators", Chairman Roberto Colaninno said.

The producer of the iconic Vespa scooters posted a full-year net profit of nearly 85 million euros up 41% from a year earlier.