Mixed Quarterly Results for KTM

Industrials › Automotive ♦ 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…

or Log In

Fast News Search
Related News
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)
KTM Power Sports AG - KTM speeds up earning rise in the third quarter (June 25, 2010)
Read More
Manufacturing Industry, Automotive Industry, KTM, Earnings, Bajaj
Featured
See latest Vindobona Newsletter