KTM Industries AG

KTM Industries Group on record run after the first three quarters 2016

Quarterly report according to article 87 section 6 BörseG

Wels (pta008/11.11.2016/08:10) - + Revenues: 1.0 bnEur/ + 10% to previous year
+ EBIT: 95.8 mEur/ + 7% to previous year
+ Further acquisitions of shares in Pankl Racing Systems AG
+ Positive outlook for the remaining businss year 2016

Revenues and earnings increased in the first three quarters 2016
In the first three quarters KTM Industries Group achieved record revenues in the amount of 1.0 bnEur (+10%) after 912.8 mEur in the previous year. The EBIT amounted to 95.8 mEur (+7%) after 89.7 mEur in the previous year. The earnings for the period increased from 50.7 mEur to 61.4 mEur (+21%). The growth in revenues was primarily driven by the positive development of the operating companies KTM AG, WP AG and Pankl Racing Systems AG, which were, in the first three quarters 2016, above the previous year's level concerning revenues and EBIT.

During the first nine months 2016 the operating companies achieved the following revenues and earnings (in mEur):

		Revenues	EBIT
	KTM AG	850.2	78.9
	WP AG	121.1	9.4
	Pankl Racing Systems AG	138.6	10.2

Due to the positive development of the group, additional 443 employees could be hired in the first three quarters 2016, thereof 374 in Austria. As of September 30, 2016 the number of employees amounted to 4,996.

Further acquisitions of shares in Pankl Racing Systems AG
The current business year was also characterized by additional acquisitions of shares in Pankl Racing Systems AG, which thereby strengthens its strategic position effectively within the KTM Industries Group. In the first nine months KTM Industries AG increased its current share Pankl Racing Systems AG from previous 55.9% to 92.6%.

Positive outlook for the remaining business year 2016
For the remaining business year 2016 KTM Industries Group expects further organic growth in its core areas. Based on the current order situation, the Management assumes a continuing positive development of the business performance. The Group expects revenues of about 1.3 bnEur and an EBIT between 115 and 120 mEur.

Key figures

Earnings figures		Q1-3 2015	Q1-3 2016	Chg. in %
Revenues	mEur	912.8	1,001.0	10
EBITDA	mEur	134.8	149.2	11
EBIT	mEur	89.7	95.8	7
EBITDA margin		14.8%	14.9%	-
EBIT margin		9.8%	9.6%	-
Balance sheet figures		31.12.2015	30.09.2016	Chg. in %
Balance sheet total	mEur	1,177.6	1,342.9	14
Equity	mEur	386.6	409.9	6
Equity ratio		32.8%	30.5%	-
Net debt	mEur	387.4	444.3	15
Gearing		100.2%	108.4%	-

web publication: http://www.ktm-industries.com/index.php/en/ir/berichte/interimreports
publication date: 11.11.2016

(end)

emitter: KTM Industries AG
address: Edisonstraße 1, 4600 Wels
country: Austria
contact person: Mag. Michaela Friepeß
phone: [phone]
e-mail: [e-mail]
website: www.ktm-industries.com

ISIN(s): AT0000500913 (bond), AT0000820659 (share), AT0000A0WQ66 (bond), AT0000A1MBL8 (bond)
stock exchanges: official trade in Vienna; open market (free market) in Frankfurt

[ source: http://www.pressetext.com/news/20161111008 ]