KTM Power Sports AG

euro adhoc: KTM Power Sports AG
quarterly or semiannual financial statement / KTM - Definite Sales and Profit Plus in the First Quarter 2006/07 (Sept. 1, 2006 - Nov. 30, 2006) • Net sales: EUR 129.5 million; + 18.1% versus previous year • EBIT: EUR 1

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25.01.2007

Consolidated sales: EUR 129.5 million, + 18.1% In the first quarter KTM Power Sports AG increased its consolidated sales by 18.1 % to 129.5 million EUR compared to the previous year. Considerable increases in unit sales in offroad motorcycles, an improved model-mix (higher ratio of the 2-cylinder models), as well as higher sales in accessories (spare parts, PowerParts and PowerWear) have substantially contributed to the remarkable sales increase.

The new KTM components / spare parts centre has been completed with an investment volume of around EUR 10.0 million at the location Mattighofen. Through this investment, KTM has established the basis for its further growth in the margin-strong accessories business.

EBIT: EUR 11.5 million, +33.4% In the 1st Quarter 2006/07 gross margin rose by 15.1 % to 46.0 million EUR and overheads increased by 10.1 % to 34.5 million EUR in the same reference period. Thus the operating income increased by 33.4 % to 11.5 million EUR.

Increase of the free float On December 22nd, 2006, CROSS Industries AG, majority shareholder of KTM Power Sports AG, has signed a share purchase agreement with Polaris Industries Inc. regarding a block of shares in amount of around 20 % of the capital stock of KTM Power Sports AG. The interest held by Polaris Industries Inc. in KTM Power Sports AG’s shares will thus be reduced to less than 5 % and CROSS intends to increase the free float of KTM substantially. Independently from this, mutual cooperation-projects will be continued in the future.

Outlook The market introduction of new models in the offroad as well as in the sportive street segment will provide further sales impulses. Except for parts of the USD-exposure, all foreign exchange risks for the current business year are hedged to a large extent.

@@start.t2@@Key figures of KTM Power Sports AG (according to IFRS) at a glance:
EUR million (IFRS)                                  1Q 06/07            1Q 05/06            V %
Net sales                                                 129.5                 109.7                 + 18
EBIT                                                         11.5                      8.6                 + 34
EBITDA                                                      16.9                      13.3                + 27
Net profit                                                7.3                         5.7                + 28
Total assets/equity and liabilities        462.6                 457.0*)              + 1
Equity                                                      185.9                 178.6 *)            + 4
EBIT Margin                                              8.9 %                 7.9 %
EBITDA Margin                                          13.0 %                12.1 %
Employees (as per November 30)                1,720                 1,599                 + 8
                                          *) end of fiscal year (August 31, 2006)
Development of the share@@end@@

During the fi rst quarter of the business year 2006/07 the KTM-stock was trading between EUR 44.00 and EUR 50.11 and closed at EUR 47.23 by the end of the quarter (November 30th, 2006). Market capitalization of the 6.9 million shares outstanding reached 325.5 million EUR as of November 30, 2006. Main shareholder with more than 50 % of the voting rights is CROSS Industries AG.

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ots Originaltext: KTM Power Sports AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
KTM Power Sports AG
Mag. Michaela Friepess
Telefon  +43 (0) 7242 / 694 02
mailto:ir@ktmpowersports.com

Branche: Economy, Business & Finance
ISIN:      AT0000645403
WKN:        726812
Index:    ATX Prime
Börsen:  Wiener Börse AG / official dealing



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