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KTM Power Sports AG

euro adhoc: KTM Power Sports AG
quarterly or semiannual financial statement / KTM to adjust result expections for current business year due to US-Dollar 1st Half Year 2007/08 >> Revenue: 288.1 million EUR (+9.5% compared to last year) >> EBIT: 15.7 ...

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
6-month report/Result 1st HY 2007/08
24.04.2008
Mattighofen, April 24th, 2008 - Despite the difficult economic 
surrounding conditions, KTM Power Sports AG, Stallhofnerstraße 3, 
5230 Mattighofen, (ISIN 00000645403), one of the world-wide leading 
manufacturers of Off-Road and street motorcycles, ATVs and the sports
car X-Bow, was able to increase its revenue by 9.5% to 288.1 million 
EUR (exchange rate adjusted +13.4%) compared to last year. The EBIT 
in the amount of 15.7 million EUR has been significantly influenced 
by the weak US-Dollar and decreased by 30.4% compared to last year. 
The book profit in the amount of 10.5 million EUR resulting from the 
sale of the WP group in the first Quarter 2007/08 is included in the 
other operating earnings.
Growth driver The growth in revenue is once more a result of 
increased sales in the Enduro Racing segment and the expected 
increase in sales of Related Products (Spare Parts, PowerWear und 
PowerParts).
Expansion of model range The product range has been expanded with the
Superbike 1190 RC8, furthermore the Dualsport segment with a 690 
Enduro model and the Supermoto segment with a 690 SMC and a 990 
Supermoto model. The new models were delivered at the end of the 
first half of 2007/08 and shall contribute to the growth of the KTM 
group in the third quarter of 2007/08. The joint project between the 
KTM group and Bajaj Auto Ltd. to develop liquid cooled 125 cc and 250
cc four-stroke engines, which has been agreed upon in November 2007, 
initiated as planned.
Further News The KTM group has been restructured in the first half of
2007/08 and separated into a Sportmotorcycle (KTM-Sportmotorcycle AG)
and a Sportcar division (KTM-Sportcar GmbH). Mr. Werner Wilhlem is 
responsible for the development and production of the Sportcar 
division and has been a member of KTM Power Sport AG´s Management 
Board since February 1st, 2008. At the International Motor Show 
Geneva, the X-Bow series model was featured as the limited edition 
"Dallara", which experienced once again a very positive feedback from
the public.
Outlook Due to the expansion of the product range in the Off-Road and
street segments, an increase in sales to around 95,000 units is again
expected for the current business year. The weak US-Dollar and a 
decreasing demand in the US for OEM engines caused by the general 
economic surrounding conditions, will negatively influence the margin
situation in the remaining business year. Unless the US-Dollar 
becomes stronger until the end of the business year, the projected 
EBIT of around 40 million EUR may not be realized. The joint project 
with Bajaj Auto Ltd. promises a lot of potential for the further 
development of KTM. The production of the new 125 and 250cc street 
bikes, in the not yet covered  street beginner segment, shall start 
running 2010 at Bajaj Auto Ltd. in India.
The semi annual financial report can be downloaded on our website 
www.ktm.com under the section "Investor Relations > Investor 
Relations > Reports".
Million EUR (IFRS)    1. HY 2007/08    1. HY 2006/07      V       BY 2006/07
Revenue                   288.1            263.0          9.5%      566.1
EBIT                       15.7             22.6        -30.4%       39.8
Equity ratio               38.8%            39.4%          -         40.5%
Earnings per share         1.60             1.98        -19.2%       3.57
EBIT-Margin                5.5%             8.6%           -         7.0%
Employees
as of closing date)       1,910            1,753         +157       
1,931
end of announcement                               euro adhoc

Further inquiry note:

KTM Power Sports AG
Mag. Wilfried Stock
Tel.: +43(0)7742/6000-216
mailto:wilfried.stock@ktm.com

Branche: Technology
ISIN: AT0000645403
WKN:
Börsen: Wiener Börse AG / official dealing

Plus de actualités: KTM Power Sports AG
Plus de actualités: KTM Power Sports AG