What Happened to Campagnolo?

[bikeworkshop]

Not far away from Look Cycles, turnover $60 million, 400 employees

But a fraction of Specialized, at $1billion

 

[gfk_velo]

Wow, that's a LOT less than SRAM at $725 million, 3500 employees. That's a surprise right enough.

Apples with apples, though. Shimano cycles division turnover 2023 was $2.31bn

On the Campag side, the number you give doesn't include Fulcrum, or any of the other businesses owned by the family.
T/O in 2023 in the cycles division (inc Fulcrum) was closer to $200m - Campag don't publish a hard number to the public, although if anyone wants to get an official figure, it is available (for a fee) at the Italian Business Register.

So still David & Goliath but not as much so as the post might imply.

I know that Shimano took quite a hit on margin in 2023 as well - they did publish figures that suggested a very significant drop in operating profit ... I am not sure that was so much the case for Campagnolo, The figures will be at the IBR though.

 

[Rapparee87]

The fact that this thread has been reduced to discussing balance sheets and has taken also a turn into the assault on the English language that is middle manager corporate speak, and worst of all...bar graphs .. is surely a vindication of the original point of this thread. Such inanities have no place in our own beautiful retro world...

For me it was the first sighting of a sloping top tube... it's the thin end of the wedge I thought... from here it's the high road to hell in a carbon fibre (with tubeless tyres) wheelbarrow.... The ugly bikes are marching and nothing is going to stop them...

So I sought out all the late 90s Record I could, plus a job lot of Clement Criteriums...cancelled the comic... and battened down the hatches... The calendar may say 2025, but in Rapparee Mansions it's forever 1999... and the view is wonderful...

 

[Nob]

There Ghibli’s are still world class & love the 4 I have

 

[legrandefromage]

There Ghibli’s are still world class & love the 4 I have

You have four ghiblis ? There is an operation to cure that, certainly a cream to bring down the rash and itchiness

 

[Nob]

You have four ghiblis ? There is an operation to cure that, certainly a cream to bring down the rash and itchiness

It does work as I did have 6 but had 2 surgically removed & gained an Autobahn disc

 

[dorset boy]

The fact that this thread has been reduced to discussing balance sheets and has taken also a turn into the assault on the English language that is middle manager corporate speak, and worst of all...bar graphs .. is surely a vindication of the original point of this thread. Such inanities have no place in our own beautiful retro world...

For me it was the first sighting of a sloping top tube... it's the thin end of the wedge I thought... from here it's the high road to hell in a carbon fibre (with tubeless tyres) wheelbarrow.... The ugly bikes are marching and nothing is going to stop them...

So I sought out all the late 90s Record I could, plus a job lot of Clement Criteriums...cancelled the comic... and battened down the hatches... The calendar may say 2025, but in Rapparee Mansions it's forever 1999... and the view is wonderful...

Palate cleanser.Daytona group,still sweet after 25 years

 

[Nob]

Ghiblis

 

[vtwinvince]

My lumbago acts up just looking at that thing.

 

[bikeworkshop]

My brain acts up looking at the crank!