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KTM Power Sports AG

EANS-Adhoc: KTM Power Sports AG
KTM Completes Restructuring Measures Short time working to stop at end of October

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
9-month report/KTM: Results of the first three quarters 2008/09
Q1-3 2008-09
>> Turnover: EUR 343.5 million (-22.4% from previous year)
>> Vehicle sales: 46,275 (-19,647 units from previous year)
>> EBITDA: EUR 6.2 million (-79.1% from previous year)
>> Market shares gained in Europe and the USA
Mattighofen, July 30, 2009
Capacity Adjustments Completed KTM has completed its capacity 
adjustments and will stop short time working on October 31, 2009. 
Operating profit before depreciation and amortization (EBITDA) and 
reorganization costs dropped to EUR 6.2 million (previous year: EUR 
29.6 million).
Inventories Reduced As Planned In the third quarter of 2008-09, 
finished goods inventories were reduced as planned. KTM stocks 
decreased in the third quarter by 4,654 units and were down 3,893 
units at the dealers. Further cuts in inventories are planned by the 
end of the business year.
KTM Performed Better Than The Market The European and US markets 
showed a sharp decline in the first six months of 2009. KTM succeeded
in gaining market shares over this period.
Market trends:
Europe  -21% / KTM  -19%
USA     -45% / KTM  -27%
Due to the attractive product range, further market share gains are expected by
the end of the business year.
Sales Target: 300 X-Bow Top The Sportcar Division sold 249 X-Bows in 
the first three quarters. Sales of some 300 X-Bows are anticipated by
the end of the business year. Given the restructuring in the Sportcar
Division, capitalized development costs and tool investments totaling
EUR 33 million were written off prematurely.
++++ The report on the first three quarters of 2008-09 can be 
downloaded from the website under Investor Relations >> 
Investor Relations >> Reports.
end of announcement                               euro adhoc

Further inquiry note:

KTM Power Sports AG
Mag. Wilfried Stock
Tel.: +43(0)7742/6000-216

Branche: Technology
ISIN: AT0000645403
Börsen: Wien / official dealing

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