KTM RIDES OUT OF THE ROUGH
December 1 2009.


Picture: KTM introduced the new 350 SX-F alongside new 125cc road models at the Carole Nash International Motorcycle and Scooter Show last week.

KTM is riding out of the rough test that has seen so many crashes and is powering ahead with a positive plan for the future after recording an 81.4 million euro loss for the last financial year.

"The last 12 months have been hard for the whole industry and KTM has suffered like every other manufacturer," said KTM UK managing director Shaun Sisterson. "But we have learned some lessons and made suitable adjustments to give us a firm foundation for the future."

Certainly the bottom line loss doesn't look too good, but Sisterson points to a few of the underlying details to explain the company's confidence in the future.

"As a comparatively small manufacturer we were able to make adjustments to our production and staffing levels early on in the current financial downturn and capacities and overheads have been realigned to the reduced market level. So we now have a strong platform for the future, both in Austria and in worldwide subsidiaries.

"Eighty per cent of the published loss can be accounted for in one-off restructuring costs, which includes the writing off of 33.1 million euros of development and tooling costs associated with the X-Bow car project.

"For 2010 KTM expects a slight increase in overall sales with the introduction of the new motocross and 125cc street models and we expect a positive operating result for the business year. As we approach the end of our first financial quarter the early signs are that this is achievable."