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FURTHER RAPID GROWTH FOR KTM

KTM has unveiled yet another set of stunning financial and sales results for the first quarter of 2014.

Revenue for the period rose by 20.4 per cent to £162.7m. Operating profit climbed by 254.4 per cent to £12m. Global sales volume was up by 26.8 per cent to 32,994 motorcycles, including 2748 units of the 200 and 390 Duke models sold in India by KTM’s manufacturing and equity partner Bajaj.

The company also reported that production of KTM bikes in China began on 27 March. Chinese joint-venture partner CF Moto is assembling 200 and 390 Duke knocked-down kits made by Bajaj in India, for distribution in China’s domestic market.

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