KTM Reports Record Growth, Says U.S. Is Its Largest Market

KTM Reports Record Growth, Says U.S. Is Its Largest Market

© 2003, Roadracing World Publishing, Inc.

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From a press release issued by KTM:

Record-Breaking Results for KTM!

KTM again looks back on a very successful business year (September 1st, 2002 – August 31st, 2003). The positive development of the last years could be continued and a new record result could be achieved.

Once again Double-Digit Growth

A 17% increase in turnover surpassed by far the result of the previous year, despite challenging market conditions.

With global sales of 70.511 motorcycles (57.321 full size and 13.190 sportminicycles), the total turnover amounted to 367 million Euro.

The regions with the highest turnover are Europe and North America with a 67% respectively 24% share of the total turnover. The largest single markets for KTM are the USA with sales of 19.532, Germany with 9.280 and France with 5.596 units.


KTM continues its Course of Expansion

After the successful introduction of the 950 Adventure KTM is already presenting the next two-cylinder motorcycle at the Milan show – the 990 Duke, with clear goals of obtaining further market shares in the roadbike segment.

One of the key factors for the successful international development of the company is that KTM works closely with its subsidiaries (total twelve) in all important markets, to further ensure a prolonged distribution growth.


KTM Investments

The focus of the last business year was again the expansion of the production site Mattighofen / Munderfing. The new R&D centre, as well as a new engine assembly was completed and started.
Investment into KTM totalled 28 million Euro throughout the fiscal year 2002/03.


1.486 Employees

In line with the development of the company the number of employees rose as well. At the end of this business year KTM had 1.486 employees worldwide, of which 1.083 were in Austria.

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