Cycle News

Cycle News 2013 Issue 14 April 9

Cycle News is a weekly magazine that covers all aspects of motorcycling including Supercross, Motocross and MotoGP as well as new motorcycles

Issue link: https://magazine.cyclenews.com/i/120650

Contents of this Issue

Navigation

Page 66 of 107

INTERVIEW P68 KTM'S STEFAN PIERER terms of unit sales. How did it all come so good? If we're talking about the exact figures, we sold 107,142 units more than 32 percent up on the year before - and we grossed Euro 612 million, so it was our best-ever sales year, with a net profit of around Euro 37 million. This was a big increase on our previous best-ever annual sales back in 2007, when we sold 92,385 KTM motorcycles. So yes, it's been a great year for KTM, and that's thanks to the people in our workforce. Here in Mattighofen we employ 1400 people, plus another 300 around the globe in our 26 sales and marketing subsidiaries – the latest one is in Singapore covering the ASEAN countries. They're the ones that made this happen. This is a dramatic turnaround over the past five years, after KTM sales collapsed in 2008. How many bikes did you sell that year? In 2008 we sold 62,000 bikes coming from 92,000 the year before, so in one year we lost 30 percent in sales and almost 40 percent in turnover, so that was a very, very tough year. But, we reinvented ourselves after that, and obviously we made the right strategic decisions, so we are now getting the benefits of this. Has it been a product-driven rebirth? Absolutely. I think the success of KTM is based on three pillars. One pillar, of course, is innovation, so new products which are KTM's racing success in 2012 was unmatched – led by Ryan Dungey's AMA National Championship… the best available in their categories. The second pillar is globalization – we have growth rates in Asia beyond 500 percent, and we also have three-digit growth rates in South America, so globalization is a key issue. For example, two years ago we made 87 percent of our total turnover in Europe, North America and Aus- tralia. This has already changed completely - we now expect this to count for a maximum of 70 percent in the coming year from these three big areas, with the rest coming from Asia and Latin America, and these regions are growing fast. Last but not least, the third pillar is having a very, very strong brand, with clear

Articles in this issue

Archives of this issue

view archives of Cycle News - Cycle News 2013 Issue 14 April 9