checkAd

    KTM Industries AG  406  0 Kommentare Earnings Forecast for 2018 confirmed - Eighth record result in a row!

    Business news for the stock market

    Wels (pta006/26.03.2019/07:00) - -
    - Sales volume: 261.454 motorcycles / + 10% compared to the previous year
    - Revenues: 1,559.6 mEur / + 2% compared to the previous year
    - EBIT: 161.2 mEur / + 22% compared to the previous year
    - Above-average market share increase in the key markets
    - Investments of 184 mEur in the Austrian operating site
    - Outlook 2019
    - Proposed dividend payment of EUR 30 cent per share

    Revenue and earnings in the financial year 2018
    The KTM Industries-Group can look back on a successful financial year in 2018. For the eighth record year in a row, KTM was able to increase sales and revenue and make disproportionate gains in market shares in the major markets. KTM Industries confirms the preliminary results for the financial year 2018, already published on January 28, 2019, with record revenue in the amount of 1,559.6 mEur (+2%). The operating result (EBIT) increased to 161.2 mEur (+22 %) after 132.5 mEur in the previous year. The effect on earnings of the sale of the Pankl Group amounted to approximately 26 mEur. Earnings before taxes increased from 117.1 mEur to 143.5 mEur. At the end of the business year 2018, the KTM Industries Group employed 4,303 people, 3,625 of them in Austria (over 80%).

    The annual financial report of KTM Industries-Group is available from now under
    https://www.ktm-industries.com/en/investor-relations/reports/.

    Maintaining the dividend policy, it will be proposed to the Annual General Meeting that a dividend of 30 cents per share is paid out for the financial year 2018. This years' dividend corresponds to the dividend of the previous year.

    With 212,899 sold KTM motorcycles and already 48,555 sold Husqvarna motorcycles sold in the financial year 2018, KTM AG has further expanded its position as the largest European motorcycle manufacturer. Sales increased by around 10% compared to the previous year.

    Investments in the Austrian operating sites
    In 2018 around 106 mEur were invested in product development (including tools) for the further growth; around 78 mEur were invested in plants and infrastructure. Due to the intensive program of investment in recent years in capacities and infrastructure, the required production capacities in Austria are secured for the next few years. The investment focus for 2019 will in particular be on new series development projects. Investments in research & development will remain at the high level of previous years. The opening of the KTM brand world ("KTM Motohall") is planned for May 2019.

    Seite 1 von 3



    Verfasst von Pressetext (Adhoc)
    KTM Industries AG Earnings Forecast for 2018 confirmed - Eighth record result in a row! - - Sales volume: 261.454 motorcycles / + 10% compared to the previous year - Revenues: 1,559.6 mEur / + 2% compared to the previous year - EBIT: …