Harley-Davidson roars to bumper profits

HARLEY-DAVIDSON posted a stronger-than-expected quarterly profit yesterday, lifted by strong sales growth outside its core North American market, sending its shares more than seven per cent higher. The Milwaukee-based bike company reported first-quarter net income of $265.9m, or $1.21 a share, up from $224.1m, or 99 cents a share, a year earlier.