KTM is Back Again
Published: October 22, 2010; 13:47 · (Vindobona)
With a surprisingly positive quarterly result, the motorcycle manufacturer KTM shows its old strength. All expectations have been exceeded.
KTM is Back Again / Picture: © KTM
In the last quarter of the crisis year 2008/09, the Upper Austrian motorcycle manufacturer KTM suffered a loss of 81 million euro. Currently the stock exchange listed company is leaving the crisis behind. Sales rose in the fourth quarter of 2009/10 to 459.8 million euro (+1.1%), while the EBITDA increased eightfold to 54.8 million euro. The operating profit was clearly back in positive…
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