KTM Achieves Strong Growth

Industrials › Automotive ♦ Published: July 28, 2011; 11:34 ♦ (Vindobona)

The Austrian motorcycle manufacturer reported a positive development in the first half of 2011. Turnover increased by 24%; EBIT went up 18%.

KTM Achieves Strong Growth / Picture: © KTM

Despite a volatile motorcycle market in Europe and the USA, KTM managed to increase turnover to € 263.0m (+24%) and sales to 36,840 motorcycles (+41%) in the first half of 2011. Stefan Pierer, Chairman of the Executive Board of KTM Power Sports AG announced that the market launch of the Duke 125 and the new Enduro Competition generation significantly contributed to the satisfactory…

or Log In

Fast News Search
Related News
Indian Motherson Sumi to Acquire Peguform from Cross Industries (July 13, 2011)
KTM: Capital Increase Completed Successfully (June 21, 2011)
Mixed Quarterly Results for KTM (May 25, 2011)
KTM in the Black Again (March 24, 2011)
KTM is Back Again (October 22, 2010)
KTM confirms earning rise in the third quarter (July 23, 2010)
Read More
Stefan Pierer, Brazil, Earnings, KTM, Automotive Industry, Bajaj, India
Featured
U.S. Embassy Vienna: Biden Nominates Victoria Kennedy for Austria Ambassadorship
Many US Diplomats in Vienna Affected by Havana Syndrome
See latest Vindobona Newsletter