KTM Industries AG: KTM Industries AG confirms the preliminary key figures for the first half year 2017

Strong growth in the first half year of 2017 continued

Wels (pta008/29.08.2017/07:00 UTC+2) * Revenue: 758.8 mEur / + 12% to previous year
* Motorcycle sales: 110,518 / + 11% to previous year
* EBIT: 65.8 mEur / - 5% to previous year
* Positive outlook for the end of the business year

Revenues, sales and earnings in the first half of 2017
KTM Industries Group confirms the preliminary results for the first half year 2017, already published on July 28, 2017. With record sales of more than 110,000 motorcycles, KTM Industries Group achieved revenues in the amount of 758.8 mEur in the first half year of 2017 (+12%) after 676.9 mEur in the previous year. In this way KTM Industries Group further strengthened its leading position as largest European motorcycle producer.

Taking into account the budgeted burdens from starting up the drivetrain production plant, the operating earnings (EBIT) of the first half 2017 are above the budget expectations and with 65.8 mEur slightly below the previous year's figure of 69.6 mEur (-5%). The EBITDA is 105.8 mEur and above the figures of the previous year.

In the first half year 2017 the investment program at the Austrian sites was continued. The sustainably high investments into the serial production development represent an essential success factor for the present and future success of the KTM Industries Group. Due to the strong production growth, additional 417 employees were hired in the first half of 2017; thereof 401 in Austria.

Positive outlook for the end of the business year
For the second half of 2017, the company expects a continuing positive growth trend as in the first half year. In the 2017 financial year, the KTM Industries Group consistently focuses on organic growth in its core areas through further expansion of its market shares and global growth. The further development of cooperative technology projects and more intensive utilization of synergy potentials will be driven forward within the Group divisions.
For the 2017 financial year, the Management Board expects consolidated revenues of over 1.5 bnEur and operating EBIT of over 130 mEur.

Key figures H1 2017 of KTM Industries Gruppe (consolidated)

Earnings ratios		H1 2016	H1 2017	Change
Revenue	mEur	676.9	758.8	12%
EBITDA	mEur	104.4	105.8	1%
EBIT	mEur	69.6	65.8	-5%
EBITDA margin		15.4%	13.9%
EBIT margin		10.3%	8.7%
Balance sheet ratios		12/31/2016	6/30/2017
Balance sheet total	mEur	1,391.8	1,402.7
Equity	mEur	454.9	486.2
Equity ratio		32.7%	34.7%
Net debt	mEur	364.6	474.2
Gearing		80.1%	97.5%
Employees		5,069	5,486
		H1 2016	H1 2017
Investments	mEur	65.9	87.6

The half year report of KTM Industries AG is available from now on under the link: http://www.ktm-industries.com/index.php/en/ir/berichte/interimreports

About KTM Industries Group
The KTM Industries Group is a leading European vehicle group with a strategic focus on the global sports motorcycle segment and the automotive high tech components segment. With its worldwide renowned brands KTM, Husqvarna Motorcycles, WP and Pankl, the group is among the technology and market leaders. Within the group there is a high degree of technological network, which is, in this form, unique in Europe. Strategic partnerships at an operational level strengthen the competitiveness in our respective markets. All these factors are the basis for the high innovation level of KTM Industries Group and ensure the organic growth course sustainably.

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