KTM Power Sports AG

EANS-Adhoc: KTM Power Sports AG
Top result in 2011

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annual report

16.02.2012

KTM: Top result in 2011
most successful motorcycle manufacturer in Europe and the USA


Sales: 81,200 vehicles / +22.4%  -  increase in market share by 30%
Turnover: 526.8 million EUR / +13.4%
EBIT: 31.0 million EUR / +7.6%
Net profit:  20.7 million EUR / +30.2%
Equity ratio increased to 45.2% 

Mattighofen, February 15, 2012


Inrease in turnover to 526.8 million EUR (+13.4% compared to previous year);
sales 81,200 motorcycles (+22.4% compared to previous year)

Despite a declining market for motorcycles in Europe and the USA by
approximately  5%, KTM managed to increase turnover to 526.8 million EUR (+13.4%
compared to previous year) and sales to 81,200 motorcycles (+22.4% compared to
previous year) in fiscal year 2011.

"The successful launch of the Duke 125 and the new Enduro Competition generation
were crucial for these increases. KTM´s market share in Europe increased by 30%
from 4.9% to 6.3% compared to previous year. Hence, KTM is the most successful
brand and outpaced its competitors clearly", explains Stefan Pierer, Chairman of
the Executive Board of KTM Power Sports AG.


Considerable increase in results and strengthening of financial capacity

In fiscal year 2011 KTM achieved an EBIT of 31.0 million EUR. The net profit
increased considerably by 30.2% to 20.7 million EUR compared to the same period
in 2010. 

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

With a gearing ratio of 56.9% as of December 31, 2011 the financial stability of
KTM could be further strengthened. 

Outlook

Forecasts show a slightly declining respectively stagnating development of the
European and American markets in 2012. Therefore KTM set another important step
by implementing a global product strategy and expanding into emerging markets. 

On January 24, 2012 the Duke 200 was presented to the public in New Delhi for
the first time. With his model KTM - in cooperation with Bajaj - enters the
Indian market for the first time and expects sales of more than 20,000
motorcycles. The Duke 200 is the first KTM-model that is available worldwide. 

For 2012 KTM expects further increases both in turnover and sales.



Key figures


                                            2011   2010 1)    +/-
Sales                    units            81,200    66,327   + 22.4%
Turnover                in mio EUR         526.8     464.4   + 13.4%
EBITDA                  in mio EUR          64.4      60.6   + 6.2%
EBIT                    in mio EUR          31.0      28.8   + 7.6%
Net profit after taxes  in mio EUR          20.7      15.9   + 30.2%
1) 01 January 2010-31 December 2010                     
                                
                                  31.12.2011    31.12.2010      +/-
Equity              in mio EUR       219.8        176.8       + 43.0
Equity ratio            %            45.2%        39.7%              
Working Capital     in mio EUR       100.9        119.7       - 18.7
Net financial debt  in mio EUR       125.0        150.2       - 25.2
Gearing                 %             56.9%       84.9%



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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