Harley-Davidson with profit jump – share rises sharply

Sales rose 17 percent to $ 1.4 billion, as Harley-Davidson announced in Milwaukee on Wednesday. Analysts had expected significantly worse results on average.

On the stock exchange, the annual report caused the share price to rise by more than eight percent at times – the strongest increase in months. Harley-Davidson had already delivered surprisingly strong figures in the previous quarter and, under ex-Puma boss Jochen Zeitz, is getting better and better back on track after years of crisis.

The US manufacturer is trying to get rid of its dusty image with electric models and to address younger customer groups. Harley-Davidson has also suffered heavily from increased trade tariffs in recent years.

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