Sponsored
Article Tools

Mixed Quarterly Results for KTM

Published: May 25, 2011; 19:39 · (Vindobona)

The Austrian motorcycle manufacturer reported significantly higher sales in the first three months of the year. EBIT, however, decreased by 78% year-on-year.

Mixed Quarterly Results for KTM / Picture: © KTM

In the first quarter 2011 KTM managed to increase sales by € 10.6m compared to prior year to € 119.6m. EBITDA fell from € 14.9m to € 9.6m and EBIT from € 6.5m to € 1.4m including expenses for the launch of the new KTM Duke 125 in Europe.

Due to the favorable business development in the first quarter 2011 KTM achieved an equity ratio of more than 40%.

In March…

This article includes a total of 344 words.

or Log In