KTM Power Sports AG

EANS-Adhoc: KTM Power Sports AG
KTM: Emission of EUR 75m bond


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  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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  announcement.
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23.03.2012

KTM: Emission of EUR 75m bond
Results of business year 2011


- Emission of EUR 75m bond 2012-2017
- Significant improvement of results in 2011
- Expansion of the Executive Board


Mattighofen, March 23, 2012

Long-term financing structure through attractive retail bond

With the planned emission of a 5-year bond KTM aims at strengthening its
financing structure in the long term, targeting a transaction volume of EUR 75m.
According to Stefan Pierer, Chairman of the Executive Board of KTM Power Sports
AG, two coupon dates a year shall in particular attract private investors, since
interest will also be paid twice per annum.

Subject to the approval of the Supervisory Board at the meeting on March 23,
2012 and the necessary authorization by the financial market authority an
emission is planned given an appropriate market environment.


Significant improvement in results and gearing

At its meeting of today the Supervisory Board will declare the financial
statements for business year 2011. In business year 2011 KTM significantly
improved its financial results. According to that an EBT of EUR 31.0m was
achieved. Profit after tax rose disproportionally with an increase of 30.2% to
EUR 20.7m compared to business year 2010.

As of December 31, 2011 the equity capital amounted to EUR 219.8m. Thus the
equity ratio increased from 39.7% to 45.2%.

With a gearing of 56.9% at the end of the year the financial stability of the
group was further strengthened.


Expansion of the Executive Board of KTM Power Sports AG

At today´s Supervisory Board meeting Mr. Viktor Sigl, MBA - member of the board
of KTM-Sportmotorcycle AG will also be appointed as member of the executive
board of the market-listed KTM Power Sports AG.


Overview of business year 2011


                               2011         2010 1)   +/-
Sales                items      81,200      66,327  + 22.4%
Turnover            m. EUR       526.8      464.4   + 13.4%
EBITDA              m. EUR        64.4      60.6    + 6.2%
EBIT                m. EUR        31.0      28.8    + 7.6%
Profit after tax    m. EUR        20.7      15.9    + 30.2%
                                
                                31.12.2011   31.12.2010      +/-
Equity capital       m. EUR     219.8           176.8        + 43.0
Equity ratio           %        45.2%           39.7%   
                                
Working Capital      m. EUR     100.9           119.7        - 18.7
Net indebtedness     m. EUR     125.0           150.2        - 25.2
Gearing                %         56.9%           84.9%   
1) 1.1.2010-31.12.2010



Further inquiry note:
KTM Power Sports AG
Mag. Viktor Sigl MBA
Tel: +43 7742 6000 144
Mail to: viktor.sigl@ktm.at

end of announcement                               euro adhoc 
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issuer:      KTM Power Sports AG
             Stallhofnerstraße 3
             A-5230 Mattighofen
phone:       +43(0)7742/6000-0
FAX:         +43(0)7742/6000-5216
mail:     ir@ktmpowersports.com
WWW:      www.ktm.com
sector:      Technology
ISIN:        AT0000645403
indexes:     mid market
stockmarkets: official market: Wien 
language:   English
 

 

 



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