KTM Has Highest Sale Year, Sells 123,859 Motorcycles in 2013
2013 KTM Sales Year
Despite decline markets, the Austrian-based KTM set a sales record in 2013.
KTM reports that 123,859 motorcycles were sold worldwide, including motorcycles sold in India by partner Bajaj. This shows a 15.6-percent in sales over 2012.
KTM attributes much of the success to the new 1190 Adventure and the 390 Duke.
Earners (before taxes) also increased significantly ; KTM reports earning EUR 54.9 million, which was up 49.5 percent. As of December 31, 2013 the equity amounts to EUR 282.8 million. The equity ratio therefore increased from 48.8% to 49.5% in business year 2013.
KTM also increased its employees by 147 in 2013 for a total of 1,849 employed. And KTM has 75 apprentices employed.
For the business year 2014, investments of approximately EUR 68 million are planned, exceeding the investments of business year 2013 by EUR 10 million. The main focus of the investments is on new development projects and on
expansion of buildings and capacity, KMT reports.
At the headquarters in Mattighofen, an increase in production capacity to more than 100,000 units is planned.
KTM expects further increases in sales and turnover for the business year 2014. Consequently, there will be a further increase in market shares, KTM says.