Tuesday, July 23, 2024
HomeNEWSINTERNATIONALFIFTH RECORD YEAR FOR KTM

FIFTH RECORD YEAR FOR KTM

Austria’s KTM has posted its fifth consecutive set of record annual unit sales and revenue figures for 2015, exceeding a billion-euro yearly sales mark for the first time.

Global sales volume for the past 12 months across the KTM and Husqvarna brands was up by 14% to 180,801 bikes, reinforcing the company’s status as largest motorcycle manufacturer in Europe. Revenue stacked on 18% to £790m (€1.02bn). Operating profit rose by 26% to £73.6m (€95m).

During the year, KTM invested about £85m in its Austrian plants at Mattighofen and Munderfing, a 30% increase on 2014. Corporate headcount worldwide grew by 17% to 2515 employees.

Annual unit sales for Husqvarna climbed by 32% to 21,513 bikes. According to the company, associated revenue was up by 41%, although it didn’t provide figures.

Growth was reportedly driven by sales of the Husky motocross range, with the North American market playing the most major role. New road and dual-purpose models were also apparently well-received and the brand says it intends to expand these sectors further with a larger range. But, again, no data has been made available to justify this claim.

 

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