Harley profit rises on robust demand

Harley profit rises on robust demand

(Reuters) – Harley-Davidson Inc on Thursday reported a higher quarterly profit, helped by resilient demand for the 120-year-old motorcycle makers iconic bikes, strong pricing and moderating cost inflation.

The companys net profit rose to $39.7 million, or 28 cents per share, in the fourth quarter ended Dec. 31, from $21.6 million, or 14 cents per share, a year earlier.

(Reporting by Aishwarya Nair in Bengaluru; Editing by Maju Samuel)

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