more information, just in case ...
Want to know more? There is a press release form 7/19/05 on the KTM webpage:
http://www.ktm.com/investor%5Frelations ... 19705e.pdf
and more numbers:
KTM Power Sports AG - Focus on POWER SPORTS Vehicles
Business Year 2004/05 (Sep 1, 2004 – Aug 31, 2005):
• Cooperation with Polaris Industries Inc. since July 2005
• 12% higher group sales
• Units: more than 80,000 motorcycles
• Equity ratio: 39 %
• Proposed dividend: € 0.55 per share
Focus on POWER SPORTS vehicles
KTM Power Sports AG (former CROSS Holding AG) acquired 100% of the shares in the KTM Group GmbH in several stages over the course of the business year 2004/05. This resulted in a company name change to KTM Power Sports AG, a new focus on the POWER SPORT segment as well as the sale of the participations that no longer belonged to the KTM group, such as Rosenbauer International AG.
The increase of the KTM holdings enabled KTM Power Sports AG to fully consolidate its participation as of December 1, 2004. Due to the proportional consolidation in the first quarter of 2004/05 and the full consolidation of the KTM group in December 2004, a comparison with last years figures is not feasible.
Cooperation with Polaris Industries Inc.
The Polaris Group, based in Minneapolis, USA, acquired 24.9% of the shares in the KTM Power Sports AG during the past business year. A number of joint-venture projects were defined at the operative level with the KTM-Sportmotorcycle AG and their implementation was begun.
Group Sales of KTM Power Sports AG: € 381.9 MM; +147% (KTM Group GmbH: € 451.2 MM, +12% )
Group sales of the KTM Group increased by 12 % to € 451,2 MM, which resulted in group sales of KTM Power Sports AG of € 381,9 MM (+147%). Along with volume growth, the rise in sales resulted from an improved model mix (2-cylinder models) and strong growth in the related products segment (spare parts/accessories, WP products).
Group Sales (units) of the KTM group: 80,356 motorcycles, +5 %
Sales did reach 80,356 units supported by the successful expansion in the on-road motorcycle market – launch of 990 Super Duke and 950 Supermoto.