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HomeNEWSFINANCIALRecord year for KTM

Record year for KTM

Austrian motorcycle manufacturer KTM has reported a highest-ever annual revenue achievement in its full-year financial results to 31 December 2012.

Having shipped a previously-reported record total of 107,142 bikes to dealers during 2012 — a 32 per cent increase — KTM saw its revenue rise by 16.2 per cent to £533.3m. Operating profit was up by 14.8 per cent to £32m. Net profit grew by 22.2 per cent to £22m. Net debt at the year-end stood at £86.5m.

The KTM workforce in Austria expanded with an extra 133 staff during the year, taking the total to 1702 employees.

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