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HomeNEWSFINANCIALGREAT FIRST HALF FOR KTM

GREAT FIRST HALF FOR KTM

In the first half of its current financial year to 30 June, KTM has achieved the highest sales volume and revenue in the company’s history.

KTM’s total global bikes sales tally, including KTM-branded products sold in India by Bajaj, was up by 27.8 per cent during the six months to 70,469 units. Revenue (excluding Indian involvement for arcane accounting reasons) rose by 17.6 per cent to £324.7m. Operating profit was up by 82.6 per cent to £26.6m. Pre-tax profit grew by 107.6 per cent to £23.8m.

Much of this success was attributed to launches of a new Husqvarna off-road model range and the 1290R Super Duke. KTM also claimed a 7.7 per cent European market share during the period and increased its worldwide headcount by 204 to 2053 employees. Some 125 of these recruits were in Austrian manufacturing facilities.

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