KTM Industries AG

KTM Industries publishes annual financial report 2017

Business news for the stock market

Wels (pta008/20.03.2018/07:00) - * Revenue: 1,533.0 mEur / + 14% to previous year
* EBIT: 132.5 mEur / + 8% to previous year
* Investments: EUR 178.6
* Proposed dividend payment in the amount of EUR 3 cents per share

Revenue and earnings in the financial year 2017
KTM Industries Group confirms the preliminary results for the financial year 2017, already published on January 29, 2017, with record revenue in the amount of 1,533 mEur (+14%) after 1,343 mEur in the previous year. The EBIT improved to 132.5 mEur (+8%) after 122.3mEur in the previous year. The result before taxes increased from 108.9 mEur to 117.1 mEur. The annual financial report of KTM Industries AG is available from now on under the link http://www.ktm-industries.com/index.php/en/ir/berichte/annualfinancial ...

Maintaining the dividend policy, it will be proposed to the Annual General Meeting that a dividend of 3 cents per share is paid out for the financial year 2017.

With 238,334 sold motorcycles of the brands KTM and Husqvarna in the business year 2017, KTM AG has further strengthened its number 1 position as the biggest motorcycle producer in Europe. Sales increased by more than 17% compared to the previous year.

Large investments in the Austrian sites
During the past year, 178,6 mEur was invested in the further growth course. The new high-performance drivetrain plant, investment in additive manufacturing at Pankl in Kapfenberg and the expansion of the research and development department at KTM in Mattighofen formed the focus of the investments in equipment and infrastructure. In addition, the investments in series product development and tools formed the largest item with around 50% of the volume.

Continued expansion of workforce during the growth course
As part of the Group's growth, an additional 818 employees were hired in the 2017 financial year, of which 652 were in Austria. In 2017, the KTM Industries Group employed almost 6,000 people, more than 75% of which in Austria.

Further increase in share liquidity in February 2018
The main shareholder, Stefan Pierer, sold approx. 7.0% KTM Industries shares via his affiliated company, to qualified investors as part of an international private placement without a prospectus, with a resulting increase in share liquidity. With 62.98% of the share capital, Stefan Pierer still holds a clear majority.