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KTM Heading for Record
Companies ♦
Published: November 3, 2011; 09:57 ♦ (Vindobona)
The Austrian motorcycle manufacturer increased turnover by 12%. Previous year’s profit was already exceeded in the first three quarters of 2011.
KTM Heading for Record / Picture: © KTM
Despite a still volatile motorcycle market in Europe and the USA, KTM managed to increase turnover to € 397.9m (+ 11.6% compared to previous year) and sales to 59,847 motorcycles (+20.2% compared to previous year) in the first nine months of 2011 (Q3 2011).
“Due to the success of the Duke 125 and the new Enduro Competition generation the net profit generated in the first…
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