Article Tools

KTM With Satisfying Results

Published: February 16, 2012; 10:57 · (Vindobona)

The Austrian motorcycle manufacturer could increase turnover by 13.4%. EBIT was up by 7.6%, net profits rose by 30.2%.

KTM With Satisfying Results / Picture: © KTM

KTM reported 2011 figures today. The company said it managed to increase turnover to € 526.8m (+13.4%compared to previous year) and sales to 81,200 motorcycles (+22.4% compared toprevious year) in fiscal year 2011.

"The successful launch of the Duke 125 and the new Enduro Competition generation were crucial for these increases. KTM´s market share in Europe increased by 30% from 4.9% to 6.3% compared to previous year. Hence, KTM is the most successful brand and outpaced its competitors clearly", explains Stefan Pierer, Chairman of the Executive Board of KTM Power Sports AG.

In fiscal year 2011 KTM achieved an EBIT of € 31.0m. The net profit increased considerably by 30.2% to 20.7m compared to the same period in 2010. As of December 31, 2011 the equity amounted to € 219.8m, the equity ratio increased from 39.7% to 45.2%.

Forecasts show a slightly declining respectively stagnating development of the European and American markets in 2012. Therefore KTM said it set another important step by implementing a global product strategy and expanding into emerging markets. For 2012 KTM expects further increases both in turnover and sales

On January 24, 2012 the Duke 200 was presented to the public in New Delhi forthe first time. With his model KTM - in cooperation with Bajaj - enters the Indian market for the first time and expects sales of more than 20,000motorcycles. The Duke 200 is the first KTM-model that is available worldwide.

Fast News Search