KTM Power Sports AG

euro adhoc: KTM Power Sports AG
quarterly or semiannual financial statement / KTM - 1st Quarter launched successfully (Sept. 1, 2005 - Nov. 30, 2005)

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 31.01.2006 • Net sales: EUR 110 million • EBIT: EUR 8.6 million • Share of equity capital 38 % • Sales impulses due to successful product introductions in the on-road as well as the off-road segment Focus on Power Sports vehicles - first-time full consolidation of KTM Group In the last business year the stake in the KTM Group GmbH has been increased in several steps to 100% and so the company’s focus on the Power Sports segment implemented. Due to the proportional consolidation (38.3%) in the previous year comparability of figures in the reference period is limited. In the current business year KTM Power Sports AG’s results are only affected by its participation in the KTM Group GmbH. Group sales KTM Power Sports AG: EUR 109.7 million, +154 % (KTM Group GmbH: -3%) Group sales of KTM Power Sports AG increased by 154 % to EUR 109.7 million in comparison with 1st quarter of the previous year (thereof due to full consolidation +157 %). This slight decline in sales of the KTM Group is mainly caused by delivery delays in North America - a result of the hurricanes in the south of the U.S.. Gross margin KTM Power Sports AG: EUR 39.9 million, +167 % (KTM Group GmbH: +3%) Gross margin rose by +167 % to EUR 39.9 million (thereof due to full consolidation +165 %). The decline in sales versus the previous year has been more than compensated through higher productivity, a better product mix as well as higher contributions from large-margin products like spare parts and accessories ("related products"). EBIT KTM Power Sports AG: EUR 8.6 million, +112 % (KTM Group GmbH: -20 %) Operating income increased in the 1st quarter 2005/06 by 112% (thereof due to full consolidation +135 %) to EUR 8.6 million. The decrease in the KTM Group GmbH (-20 % versus previous year) results from negative foreign exchange effects as well as higher spending on distribution, motor sports and development. Share of equity capital, 37.6 % The share of equity capital represents 37.6 % of the balance sheet total of KTM Power Sports AG. Positive outlook After the successful introduction of a 4- stroke motocross model (250 SX-F) additional sales impulses will be generated in the on-road segment through the new introduction of the 2-cylinder Travel Enduro (990 Adventure in spring 2006 as well as through demand for 2-cylinder on-road models (950 Supermoto and 990 Super Duke). Furthermore it can be assumed that the backlog of supply in North America can be made up for in the 2nd quarter already. Key figures of KTM Power Sports AG (according to IFRS) at a glance: EUR million (IFRS) 1Q 05/06 1Q 04/05 V % Net sales 109.7 43.2 + 154 EBIT 8.6 4.1 + 112 EBITDA 13.3 5.6 + 138 Net profit 5.7 4.0 + 42 Total assets/equity and liabilities 423.0 407.5*) + 4 Equity 159.0 158.8 *) EBIT Margin 7.9 % 9.4 % EBITDA Margin 12.1 % 12.9 % Employees (as per November 30) 1,599 1,584 + 1 *) end of fiscal year (August 31, 2005) Share development During the first quarter of business year 2005/06 the stock was trading between EUR 46.9 and EUR 49.98 and closed at EUR 47.35 by the end of the quarter (November 30, 2005). This represents a price development of +87.52 % since the IPO and +51.04 % since the capital increase in December 2004. Market capitalization of the 6.892 million shares outstanding reached EUR 326.4 million as per November 30, 2005. Main shareholder with more than 50% of the voting rights is CROSS Industries AG. end of announcement euro adhoc 31.01.2006 07:29:00 -------------------------------------------------------------------------------- ots Originaltext: KTM Power Sports AG Im Internet recherchierbar: http://www.presseportal.de Further inquiry note: KTM Power Sports AG Mag. Michaela Friepess Telefon +43 (0) 7242 / 694 02-113 mailto:IR@ktm.com Branche: Economy, Business & Finance ISIN: AT0000645403 WKN: 726812 Index: ATX Prime Börsen: Wiener Börse AG / official dealing

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