DOCSLIB.ORG

Pierer Mobility Ag Annual Financial Report 2019 2

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Pierer Mobility Ag Annual Financial Report 2019 2 PIERER MOBILITY AG ANNUAL FINANCIAL REPORT 2019 2 KEY FIGURES EARNINGS RATIOS 1) 2015 2016 2017 2018 2019 Revenue in m€ 1,223.6 1,343.0 1,533.0 1,559.6 1,520.1 EBITDA in m€ 178.4 198.4 218.9 252.5 240.8 EBIT in m€ 112.9 122.3 132.5 161.2 131.7 Earnings after taxes in m€ 65.0 89.0 83.9 114.2 95.7 EBITDA margin in per cent 14.6% 14.8% 14.3% 16.2% 15.8% EBIT margin in per cent 9.2% 9.1% 8.6% 10.3% 8.7% BALANCE SHEET RATIOS 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 Balance sheet total in m€ 1,175.9 1,423.8 1,465.2 1,353.9 1,613.9 Equity in m€ 386.6 454.9 528.6 550.8 618.6 Equity ratio in per cent 32.9% 32.0% 36.1% 40.7% 38.3% Working capital empoloyed 2) in m€ 243.3 245.2 238.4 245.3 274.2 Net debt 3) in m€ 387.4 364.6 375.0 323.3 395.8 Gearing 4) in per cent 100.2% 80.1% 70.9% 58.7% 64.0% CASH-FLOW AND CAPEX 2015 2016 2017 2018 2019 Cash-Flow from operating activities in m€ 106.9 167.8 161.3 85.5 257.4 Cash-Flow from investing activities in m€ -110.1 -158.8 -154.0 -102.1 -165.7 Cash-Flow from financing activities in m€ 50.7 139.2 -118.0 -63.3 -20.6 Capital expenditure 1) 5) in m€ 133.0 144.4 178.6 183.6 164.9 EMPLOYEES 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 Number of employees as of balance sheet date 1) 6) Number 4,553 5,069 5,887 4,303 4,368 VALUE CREATION 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 ROCE (Return on capital employed) 7) in per cent 14.2% 13.9% 13.9% 16.6% 12.7% ROE (Return on equity) 8) in per cent 17.2% 21.2% 17.1% 21.2% 16.4% ROIC (Return on Invested Capital) 9) in per cent 11.0% 11.7% 10.4% 13.6% 10.6% STOCK EXCHANGE RATIOS 10) - 12/31/2016 12/31/2017 12/31/2018 12/31/2019 Share price as of December 31; in CHF - 5.35 7.39 60.60 54.00 SIX Swiss Exchange 11) Number of shares 11) in m shares - 225.39 225.39 22.54 22.54 Market capitalization 12) in m CHF - 1,205.82 1,665.61 1,365.84 1,217.09 Earnings per share 13) in € - 2.31 1.98 2.99 2.42 Book value per share 13) 14) in € - 20.18 23.45 24.44 27.45 1) Previous years also include the discontinued operation (Pankl-Group) 9) ROIC = NOPAT / average capital employed; NOPAT = EBIT - taxes 2) Working Capital Employed = inventories + trade receivables - trade payables 10) since November 14th, 2016 Listing on SIX Swiss Exchange 3) Net debt = financial liabilities (current, non-current) - cash 11) Reverse stock split in a ratio 10:1 in April 2018 4) Gearing = net debt / equity 12) Calculation also includes 108,015 numbers of treasury shares as of December 31st, 2019 5) Additions from property, plant and equipment and intangible assets according to schedule of 13) Calculation in 2016 and 2017 adjusted to the new number of shares after reverse stock split investments; without first-time application effect of IFRS 16 as of January 1st, 2019 in a ratio 10:1 6) Number of employees on the reporting date (including temporary staff) 14) Equity / number of shares 7) ROCE = EBIT / average capital employed, Capital employed = property, plant and equipment + goodwill + intangible assets + working capital employed 8) ROE = earnings after taxes / average equity ANNUAL REPORT 2019 3 TABLE OF CONTENTS HIGHLIGHTS 2019 ................................................................................................. 4 GROUP STRUCTURE .............................................................................................. 6 INTRODUCTION BY THE EXECUTIVE BOARD .......................................................... 8 BODIES OF THE COMPANY ..................................................................................... 10 REPORT OF THE SUPERVISORY .............................................................................. 11 KTM Europe‘s largest motorcycle manufacturer ............................................................. 14 Motorsport ............................................................................................................. 18 HUSQVARNA MOTORCYCLES A unique history and success on two wheels ........................................................ 20 Motorsport ............................................................................................................. 24 GASGAS KTM 1290 Super Adventure S MY19 Offroad passion ..................................................................................................... 26 WP Performance-defining components for the fastest two- and four-wheelers ........... 28 E-MOBILITY ........................................................................................................... 30 RESEARCH & DEVELOPMENT ................................................................................. 32 KTM TECHNOLOGIES Driven by the new .................................................................................................. 36 EMPLOYEES ........................................................................................................... 39 SUSTAINABILITY ..................................................................................................... 42 HUSQVARNA TE 250i SHARES & INVESTOR RELATIONS .......................................................................... 44 OUTLOOK & STRATEGIC INITIATIVES ..................................................................... 47 CORPORATE GOVERNANCE 2019 IN ACCORDANCE WITH THE AUSTRIAN CODE OF CORPORATE GOVERNANCE (ÖCGK) ....................................................................... 48 CORPORATE GOVERNANCE (DCG) OF THE SIX SWISS EXCHANGE ......................... 62 MANAGEMENT REPORT ON THE CONSOLIDATED GASGAS TXT Racing 300 FINANCIAL STATEMENTS ........................................................................................ 82 CONSOLIDATED FINANCIAL STATEMENTS ............................................................. 97 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ...................................... 106 AUDITOR‘S REPORT ............................................................................................... 174 STATEMENT BY THE EXECUTIVE BOARD ................................................................ 179 FINANCIAL CALENDAR .......................................................................................... 179 4 HIGHLIGHTS 2019 CONTINUATION OF STRONG GROWTH AND MARKET SHARE GAINS KTM Industries AG – Market share gains in USA and Europe’s Leading Powered Two India – Market share in Europe on Wheeler Company – was renamed high level into PIERER Mobility AG 11.3% Market share in established markets (+30 bps) Ninth record result in a row! Registration: Europe +8.9%, North America +3.6%, India +37.0% Increase in sales continued in Market share: Europe: 11.8% (-20 bps), North America: businessyear 2019 9.7% (+60 bps), India: 7.3% (+280 bps) 280,099 motorcycles sold (+7% Vs 2018) 234,449 KTM motorcycles and 45,650 HUSQVARNA motorcycles Take-over of Australian importer in Q3/2019 KTM and Bajaj agree on new electric vehicle alliance GASGAS motorcycles – Development of a common 48 Volt electric as third motorcycle brand two-wheeler platform in the power range 3 to 10 kW for planned serial production in India in 2022 Full consolidation of e-bicycle division (PEXCO) already in December 2019 ANNUAL REPORT 2019 5 KTM 1290 Super Adventure S 6 GROUP STRUCTURE AS OF 12/31/2019 SIMPLIFIED PRESENTATION ANNUAL REPORT 2019 7 51.7% 100% 100% 100% 74% 100% 50% 60% 70%*) 99.9% Suspension PTW Design, concept E-Bicycles Powered two wheelers development & digitalization Other shareholdings: PF Beteiligungsverwaltungs GmbH 100% Platin 1483. GmbH 100% ACstyria Mobilitätscluster GmbH 12.3% *) increase to 100% in January 2020 8 INTRODUCTION BY THE EXECUTIVE BOARD The PIERER Mobility Group can look back on a success- COURSE OF BUSINESS ful financial year in 2019. By consistently implementing the global product strategy and expanding into all With its motorcycle brands KTM, Husqvarna Motorcycles continents, the Group yet again successfully increased and GASGAS, the Group is one of the technology leaders both revenue and sales figures, thereby also achieving in the premium segment and outperformed the overall new record levels in 2019. Taking into account the mo- market in the past year with a 14.5% increase in regis- torcycles sold by our partner Bajaj in India, more than trations. In Europe, the overall market grew by around 280,000 sports motorcycles of the KTM and Husqvarna 8.9% last year. During the same period, KTM succeeded Motorcycles brands were sold worldwide and the market in maintaining its high market share at approx. 12%. position in the major motorcycle markets (> 120cc) was Despite a declining overall US market (-2.7%) in 2019, further consolidated. KTM increased registrations by 3.6% and increased its market share to 9.7% by the end of the year. The As part of a series development project for PTW (“Pow- Australian and Canadian markets also recorded strong ered two wheeler”) electric vehicles in the low-voltage growth. In India, the most important future market for range (48 volts), which was developed together with KTM, KTM registrations in the financial year increased the Indian partner Bajaj, various product variants in by more than 35% compared to the previous year and the segment of electro scooters will be produced from the market share rose from 4.5% to around 7.3%. 2022 under the brands of both partners in the 3 and 10 kW power range. In the area of electric mobility, the These successes are also due to a large number of complete takeover of PEXCO GmbH was an important models of the KTM and Husqvarna Motorcycles Group step toward participating in the attractive
Load more

Recommended publications
  • Dossier De Presse DOSSIER DE SOMMAIRE PRESSE 2018
    EN Dossier de Presse DOSSIER DE SOMMAIRE PRESSE 2018 SOMMAIRE 3 INTRODUCTION 5 À PROPOS DE KTM 9 DE L’ATELIER AUX PREMIERS TITRES 11 LE RENOUVEAU 11 DES VICTOIRES EN TOUT-TERRAIN 13 ET SUR PISTE AMÉLIORATION CONSTANTE ET 13 E-MOBILITÉ LES VALEURS DE LA MARQUE 15 L’ENTRÉE EN MOTOGP 19 LA GAMME 23 LES ROADSTERS 26 LES GROSSES CYLINDRÉES 28 TECHNOLOGIE ET INNOVATION 30 ENDURO 34 CROSS 36 LA TRANSITION VERS L’ÉLECTRIQUE 38 4 ROUES 41 LES ACCESSOIRES KTM POWERPARTS 45 TOUT-TERRAIN 46 ROUTE 48 LES TENUES KTM POWERWEAR 51 TOUT-TERRAIN 52 ROUTE 54 QUOTIDIEN 56 3 Pauls JONASS, lors du MXGP de La Comunitat Valenciana (Espagne) en 2018, au guidon de sa KTM 250 SX-F 4 INTRODUCTION 5 LES DIFFÉRENTES DISCIPLINES KTM est un constructeur de motos européen basé L’enduro : synonyme d’endurance, l’enduro est à Mattighofen, en Autriche. La marque est une discipline de moto tout-terrain. Elle peut se présente sur tous les segments de marché : la pratiquer en tant que loisir, randonnée ou en route, l’enduro, le cross et le supercross. compétition. C’est un sport complet alliant vitesse, endurance, technique de pilotage et de La route, avec des roadsters et des trails al- franchissement (troncs, pierres, etc), mais également lant de 125 à 1 300 cm3 régularité et connaissance de la mécanique. En compétition, les épreuves se composent d’un parcours à réaliser dans un temps imparti, généralement sur des chemins ouverts à la circulation INTRO et appelés « liaisons », et de secteurs chronométrés appelés « spéciales ».
    [Show full text]
  • Mv Agusta Superveloce 800
    SPECIAL FREE ISSUE - N.444 - 27 OTTOBRE 2020 MV AGUSTA SUPERVELOCE 800 NOVITÀ NOVITÀ MOTOGP BMW KTM 890 Franco Morbidelli serie R nineT 2021 Adventure 2021 vince il GP di Teruel P.18 P.38 P.79 PROVA MV AGUSTA SUPERVELOCE 800. PARADOSSO TEMPORALE Bellissima, unica e affascinante: la Superveloce unisce sostanza moderna a un’estetica senza tempo. Dura e pura, richiede dedizione nell’uso stradale. Ripaga con una personalità incredibile MV AGUSTA DI EDOARDO LICCIARDELLO PROVA PROVA arà che le moto moderne si stanno un po’ S appiattendo nell’estetica verso quei cano- ni e stilemi premiati dalle vendite, sarà che (soprattutto) l’età media del motociclista - soprattut- to quello che può permettersi i modelli di cilindrata medio-alta - sta aumentando, fatto sta che le moto classiche sono, innegabilmente, fra i settori più im- portanti del mercato. Ma dopo un momento, iniziato a fine millennio scor- so, in cui quasi tutti i costruttori hanno fatto a gara per riproporre i modelli più amati del loro passato limitando il processo di modernizzazione al minimo indispensabile per poterli omologare, l’impressione è che fra i centri stile delle case si stia diffondendo un’altra tendenza, a parere di chi scrive ancora più interessante: quella delle Sport Retrò. Sportive moderne, contraddistinte dall’efficienza, efficacia, sicurezza e funzionalità a cui siamo ormai abituati, rivestite però con sovrastrutture e colora- zioni che attingono a piene mani a modelli storici o anche solo a suggestioni del marchio. Un’operazio- ne che presuppone, naturalmente, che i marchi in questione abbiano sufficiente profondità storica - se non addirittura blasone - per poter portare a termi- ne un’operazione del genere senza che il risultato sia poco interessante se non addirittura imbarazzante.
    [Show full text]
  • Bmw R 1250 Gs, Ducati Multistrada 1260 Enduro E Ktm 1290 Super Adv S
    SPECIAL FREE ISSUE - N.386 - 18 GIUGNO 2019 BMW R 1250 GS, DUCATI MULTISTRADA 1260 ENDURO E KTM 1290 SUPER ADV S PROVA MOTOGP EDITORIALE Benelli Marc Marquez vince Rossi, Lorenzo 502C il GP di Barcellona e gli errori pesanti P.16 P.50 P.50 PROVA PROVA Comparativa MAXIENDURO: BMW, DUCATI E KTM 2 MOTO.IT MAGAZINE N. 386 MOTO.IT MAGAZINE N. 386 3 PROVA PROVA BMW R 1250 GS 17.900 EURO MOTORE BICILINDRICO BOXER TEMPI 4 CILINDRATA 1.254 cc RAFFREDDAMENTO AD ARIA/LIQUIDO CAMBIO A 6 MARCE TRASMISSIONE FINALE ALBERO POTENZA MASSIMA 136 CV A 7.750 GIRI COPPIA MASSIMA 143 NM A 6.250 GIRI EMISSIONI EURO 4 TELAIO ANTERIORE E POSTERIORE AVVITATO, GRUPPO MOTORE CON FUNZIONE PORTANTE PNEUMATICO ANT. 120/70 R 19” PNEUMATICO POST. 170/60 R 17” CAPACITÀ SERBATOIO 20 LT ALTEZZA SELLA MINIMA DA TERRA 800 MM PESO 249 KG IN ORDINE DI MARCIA 4 MOTO.IT MAGAZINE N. 386 MOTO.IT MAGAZINE N. 386 5 PROVA PROVA DUCATI MULTISTRADA 1260 ENDURO 21.690 EURO MOTORE V2 DI-90° TEMPI 4 CILINDRATA 1.262 cc RAFFREDDAMENTO A LIQUIDO CAMBIO A 6 MARCE TRASMISSIONE FINALE CATENA POTENZA MASSIMA 158 CV A 9.500 GIRI COPPIA MASSIMA 128 NM A 7.500 GIRI EMISSIONI EURO 4 TELAIO TRALICCIO IN TUBI DI ACCIAIO PNEUMATICO ANT. 120/70 ZR19” PNEUMATICO POST. 170/60 ZR17” CAPACITÀ SERBATOIO 30 LT ALTEZZA SELLA MINIMA DA TERRA 840 MM PESO 254 KG IN ORDINE DI MARCIA 6 MOTO.IT MAGAZINE N. 386 MOTO.IT MAGAZINE N. 386 7 PROVA PROVA KTM 1290 SUPER ADV S 17.599 EURO MOTORE V2 DI-90° TEMPI 4 CILINDRATA 1.254 cc RAFFREDDAMENTO A LIQUIDO CAMBIO A 6 MARCE TRASMISSIONE FINALE CATENA POTENZA MASSIMA 160 CV A 8.750 GIRI COPPIA MASSIMA 140 NM A 6.750 GIRI EMISSIONI EURO 4 TELAIO TELAIO A TRALICCIO COMPOSTO DA TUBI D’ACCIAIO IN CROMO MOLIBDENO PNEUMATICO ANT.
    [Show full text]
  • Ktm Industries Ag Annual Financial Report 2018 Highlights 2018 Continuation of Strong Growth and Market Share Gains Record Drive Continued in Business Year 2018
    KTM INDUSTRIES AG ANNUAL FINANCIAL REPORT 2018 HIGHLIGHTS 2018 CONTINUATION OF STRONG GROWTH AND MARKET SHARE GAINS RECORD DRIVE CONTINUED IN BUSINESS YEAR 2018 261,454 motorcycles sold (+10% vs 2017) RECORD MOTORCYCLE REGISTRATIONS & MARKET SHARE INCREASE Registration Europe: +21.5% (YoY) Registration US: +8.5% (YoY) Market share Europe: 11.7% (+130 bps) Market share US: 8.9% (+90 bps) SUCCESSFUL LAUNCH of KTM mid-class (2-cylinder 800 cm3) and HUSQVARNA Street (VITPILEN 401/701 and SVARTPILEN 401) SUCCESSFUL RACING SEASON 17th win of Rallye Dakar SALE OF PANKL-GROUP Supercross World Champion MX1 + MX2 World Champion Moto2 Vice World Champion TM First podium in MotoGP Rallye Dakar 2018, Photo: PhotosDakar.com TABLE OF CONTENTS KTM INDUSTRIES GROUP ........................................................... 6 - 30 Group Structure ......................................................................... 6 Introduction by the Executive Board ........................................... 8 Bodies of the Company ........................................................... 10 Report of the Supervisory Board ............................................. 11 KTM ........................................................................................ 14 Husqvarna Motorcycles ........................................................... 16 WP ........................................................................................... 18 Research & Development ........................................................ 20 KTM Technologies ..................................................................
    [Show full text]
  • Gran Premio D'italia Oakley
    PRESS RELEASE MOTORSPORT Boulogne-Billancourt – 30 May 2021 Records tumble at the Gran premio d’italia oakley • Fabio Quartararo (Monster Energy Yamaha MotoGP) wins in Mugello • Quartararo sets a new all-time circuit lap record of 1’45.187 in Q2 • Johann Zarco (Pramac Racing) breaks the race lap record with a time of 1’46.810 • Brad Binder (Red Bull KTM Factory Racing) breaks the circuit MotoGP™ top speed record, hitting 362.4 km/h in FP3 • A new Mugello race time record of 41’16.344 It was a record-breaking race weekend for Michelin at the Gran Premio d’Italia Oakley in Mugello. Fabio Quartararo led virtually from start to finish, taking the chequered flag ahead of Miguel Oliveira (Red Bull KTM Factory Racing) in second place, and Joan Mir (Team Suzuki Ecstar) in third. In Q2, Fabio Quartararo powered his Medium front and Soft rear MICHELIN Power Slick-shod Yamaha YZR-M1 to a new all-time circuit lap record of 1’45.187, smashing the previous record which was set by Marc Marquez in 2019. In FP3, Brad Binder broke the MotoGP circuit top speed record on-board his KTM RC16 when he went through the speed trap on the straight at 362.4 km/h – close to the all-time MotoGP top speed record, which is held by Johann Zarco. Moving into the race, and to make the hat-trick, Johann Zarco broke the race lap record with a time of 1’46.810 while dicing for the lead with Quartararo on lap two, beating the long- standing previous record which was set by Marquez back in 2013.
    [Show full text]
  • Motogp 2019: 11 Teams
    1 10. 3. 2019: Katar 11 11. 8. 2019: Österreich 12 8 Losail International Circuit MotoGP 2019: 9 Red-Bull-Ring – Spielberg 68 10 5 2 31. 3. 2019: Argentinien 12 25. 8. 2019: Großbritannien Grad beträgt 11 Termas de Rio Hondo Silverstone Circuit 3 14 7 4 der maxima- 6 16 3 14. 4. 2019: USA 13 15. 9. 2019: Italien le Winkel in 19 1 15 11 Teams, 13 Circuit of The Americas Misano W. C. M. Simoncelli Schräglage. 4 5. 5. 2019: Spanien 14 22. 9. 2019: Spanien 18 Circuito de Jerez MotorLand Aragon 5 19. 5. 2019: Frankreich 15 6. 10. 2019: Thailand 4 17 Le Mans Buriram International Circuit Kilo Gewicht 22 Piloten 2 6 2. 6. 2019: Italien 16 20. 10. 2019: Japan verliert ein Fahrer Autodromo del Mugello Twin Ring Motegi pro Rennen. 7 16. 6. 2019: Spanien 17 27. 10. 2019: Australien Circ. d. Barcelona-Catalunya Phillip Island 8 30. 6. 2019: Niederlande 18 3. 11. 2019: Malaysia Alle Teams, alle Fahrer, die Motorräder sowie TT Circuit Assen Sepang International Circuit die Termine der MotoGP auf einen Blick. 11 15 9 7. 7. 2019: Deutschland 19 17. 11. 2019: Spanien 260 PS 2 Mio. Teams kämpfen verschiedene Länder sind Sachsenring Circuit Ricardo Tormo stark, 157 Kilo schwer und US-Dollar aufwärts kostet eine um den Weltmeis- Austragungsorte von 19 Rennen 10 4. 8. 2019: Tschechien 355 km/h schnell ist eine MotoGP-Maschine. 22 Renn- Fahrernummer Anzahl der Weltmeistertitel X X tertitel 2019. in der höchsten Motorradklasse. Automotodrom Brno MotoGP-Maschine. fahrer sind heuer wieder dabei.
    [Show full text]
  • Annual Report 2016 2
    ANNUAL REPORT 2016 2 HIGHLIGHTS 2016 Sixth Consecutive Results Record Revenue Increase to €1.3 billion Increase of 516 employees Record Investments at the Austrian facilities First-time listing on the SIX Swiss Exchange in Zurich Matthias Walkner KTM 450 RALLY Dakar 2017 - Marcin Kin KTM Industries AG 4 TABLE OF CONTENTS KTM INDUSTRIES GROUP AT A GLANCE .......... 5 CONSOLIDATED FINANCIAL STATEMENTS ... 81 Key figures ..................................................................................... 5 Consolidated income statement ................................................ 82 Group structure ............................................................................. 6 Consolidated statement of comprehensive income ................... 83 Foreword of the Executive Board ................................................... 8 Consolidated balance sheet ........................................................ 84 Bodies of the Company ................................................................ 10 Consolidated statement of cash flows ....................................... 86 Group companies ......................................................................... 12 Consolidated statement of changes in equity ............................ 88 Notes to the consolidated financial statements........................ 90 Schedule of equity holdings....................................................... 158 SHARE & CORPORATE GOVERNANCE ............. 24 Segment reporting ...................................................................
    [Show full text]
  • Ktm Ag Jahresfinanzbericht 2016
    KTM AG JAHRESFINANZBERICHT 2016 teil1 D_160317 v2.indd 1 17.03.17 00:59 KTM AUF EINEN BLICK TEUR 2012 2013 2014 2015 2016 Veränderung ERTRAGSKENNZAHLEN Umsatzerlöse 612.008 716.390 864.636 1.022.487 1.141.819 11,7 % Betriebsergebnis vor Abschreibung 67.838 87.694 112.599 141.524160.012 13,1 % (EBITDA) Betriebsergebnis (EBIT) 36.716 54.886 75.377 95.105 102.796 8,1 % Ergebnis vor Steuern (EBT) 25.145 46.923 70.636 85.421 94.378 10,5 % Ergebnis nach Steuern 25.317 36.509 57.162 63.924 72.109 12,8 % EBITDA-Marge 11,1 % 12,2 % 13,0 % 13,8 % 14,0 % – EBIT-Marge 6,0 % 7,7 % 8,7 % 9,3 % 9,0 % – BILANZKENNZAHLEN Bilanzsumme 521.351 571.435 694.799 848.933 1.056.524 24,5 % Working Capital1 81.269 86.074 106.836 122.051 103.700 –15,0 % Eigenkapital 254.522 282.843 327.575 379.814 427.979 12,7 % Eigenkapitalquote 48,8 % 49,5 % 47,1 % 44,7 % 40,5 % – in % des Gesamtkapitals Nettofi nanzverschuldung2 99.315 82.365 87.475 97.164 80.850 –16,8 % Gearing3 39,0 % 29,1 % 26,7 % 25,6 % 18,9 % – CASHFLOW Cashfl ow aus dem operativen Bereich 71.673 83.240 79.649 118.104 165.590 40,2 % Free Cashfl ow 15.572 25.187 9.914 23.802 18.838 –20,9 % MITARBEITER Mitarbeiterstand per 31.12.4 1.702 1.849 2.143 2.515 2.931 16,5 % 1 Working Capital = Forderungen + Vorräte – Verbindlichkeiten 2 Nettofi nanzverschuldung = Finanzverbindlichkeiten (kurzfristig, langfristig) – liquide Mittel – Finanzierungsforderungen 3 Gearing = Nettofi nanzverschuldung / Eigenkapital inkl.
    [Show full text]
  • Roadmap to Defeat COVID Rus (COVID-19) Cases in the North African Country
    TWITTER SPORTS @newsofbahrain WORLD 6 Pilgrims stone the devil with ‘pre-packed’ pebbles INSTAGRAM Olympic /newsofbahrain 21 excitement LINKEDIN WEDNESDAY newsofbahrain JULY, 2021 reaching fever 210 FILS WHATSAPP pitch 3844 4692 ISSUE NO. 8905 Bahrain’s Olympians FACEBOOK count the days down /nobmedia to the start of the MAIL much-anticipated To- [email protected] kyo Olympic Games WEBSITE | P12 newsofbahrain.com Halsey welcomes first child with boyfriend Alev Aydin 9 CELEBS BUSINESS 5 IMF urges countries to shift from economic rescue to reforms Bahrain condemns US attacks Al Shabab in Somalia terrorist bombing at Washington es, however the command’s Last update - 9:00 pm packed Iraq market initial assessment is that no he US military conducted civilians were injured or killed 20 July 2021 TDT | Manama Tan air strike against Al Qa- as a result of this strike,” she eda affiliated Al Shabab fight- added. he Kingdom of Bahrain ers yesterday, the first since The strike is the first con- Thas condemned the ter- President Joe Biden took of- ducted by the US military in rorist bombing that targeted fice, the Pentagon said. Somalia since January 19, Individuals vaccinated a market in Sadr City in Iraq, The US military command when AFRICOM announced it killing and injuring a num- for Africa (AFRICOM), in co- had killed three Shabab jihad- ber of people. ordination with the Somali ists in two strikes in Jamaame In a statement, the Min- government, “conducted one and Deb Scinnele. (First dose) (Second dose) istry of Foreign Affairs af- airstrike in the vicinity of Biden was inaugurated the firmed Bahrain’s solidarity Galkayo, Somalia today against next day.
    [Show full text]
  • Suzuki Ducati Pramac Aprilia Ducati Aspar Ktm Ducati
    VENERDÌ 24 MARZO 2017 LA GAZZETTA DELLO SPORT 21 SUZUKI APRILIA KTM Andrea Iannone Sam Lowes Bradley Smith GP GP GP 29 193 22 54 38 182 27 anni Viorie 26 anni Viorie 26 anni Viorie ITALIA 13 GRAN BRETAGNA 3 GRAN BRETAGNA 3 MONDIALI VINTI Podi MONDIALI VINTI Podi MONDIALI VINTI Podi - 31 - 11 - 25 Suzuki GSX-RR RS-GP KTM RC16 Alex Rins Aleix Espargaro Pol Espargaro GP GP GP 88 42 196 41 175 44 Viorie 22 anni Viorie 27 anni Viorie 25 anni 12 SPAGNA 0 SPAGNA 15 SPAGNA Podi MONDIALI VINTI Podi MONDIALI VINTI Podi MONDIALI VINTI 40 - 2 - 44 1 DUCATI PRAMAC DUCATI ASPAR DUCATI AVINTIA Danilo Petrucci Karel Abraham Hector Barbera GP GP GP 9 82 17 159 8 243 26 anni Viorie 27 anni Viorie 30 anni Viorie ITALIA 0 REPUBBLICA CECA 1 SPAGNA 10 MONDIALI VINTI Podi MONDIALI VINTI Podi MONDIALI VINTI Podi - 1 - 2 - 32 Desmosedici GP 2017 Desmosedici GP 2017 Desmosedici GP 2016 Sco Redding Alvaro Bautista Loris Baz GP GP GP 154 45 238 19 31 76 Viorie 24 anni Viorie 32 anni Viorie 24 anni 4 GRAN BRETAGNA 16 SPAGNA - FRANCIA Podi MONDIALI VINTI Podi MONDIALI VINTI Podi MONDIALI VINTI 18 - 49 1 - - 1Lo spagnolo campione del mondo resta il pilota da battere. Valentino il nuovo rivale ce l’ha in casa, mentre Lorenzo riparte dalla sfida tutta italiana della Ducati. Attenzione anche ai giovani, da Folger a Miller... 22 MotoriRMotomondiale al via VENERDÌ 24 MARZO 2017 LA GAZZETTA DELLO SPORT ALBO D’ORO Vale: Ago nel mirino COSÌ NELLA CLASSE REGINA Campione del mondo piloti Anno e GP disputati Campione del mondo I PILOTI CON PIÙ MONDIALI 1949 6 costruori ITALIA
    [Show full text]
  • Rider Profiles
    #09 SHARK Helmets Grand Prix de France Rider Profiles Le Mans – October 11th Career 2020 Le Mans* Career 2020 Le Mans* Starts 321 (MotoGP: 223, Other: 98) 8 12 Starts 198 (MotoGP: 60, Other: 138) 8 3 Wins/Best* 24 (MotoGP:15, Other : 9) 1 2nd Wins/Best* 16 (Moto2: 15, 125: 1) / 2nd 3rd 2nd Podiums 103 (MotoGP: 62, Other: 41) 2 4 Podiums 48 (MotoGP: 7, Other: 41) 1 1 Poles/QP* 20 (MotoGP: 7, Other: 13) 4th 2nd Poles/QP* 24 (MotoGP: 5, Other: 19) 1 1 Last win AUT/20 AUT - Last win VAL/16 (Moto2) - - Last podium AUT/20/1st AUT/1st FRA/19/2 Last podium CZE/20/3rd CZE/3rd FRA/17/2 Last pole JPN/18 - - Last pole CZE/20 CZE FRA/18 Crashes N/A 2 N/A Crashes N/A 8 N/A 4. Andrea Dovizioso, Ducati Team – Age: 34 – Nationality: Italian 5. Johann Zarco, Esponsorama Racing – Age: 30 – Nationality: French -Dovizioso has finished on the podium nine times at Le Mans throughout his GP career, including a victory in the -Zarco has competed at Le Mans for the last 11 years with a best result of second in 2017 in MotoGP™. 125cc class on the way to winning the world title in 2004. -In 2017, he led the first six laps before dropping down to third; he eventually finished second after Rossi crashed -In 2015, he finished third to add to his other podium finishes in MotoGP™ at Le Mans, third in 2010, second in 2011 out of the race on the final lap.
    [Show full text]
  • Ktm Industries Ag Annual Financial Report 2017 Highlights 2017 and Outlook at a Glance
    KTM INDUSTRIES AG ANNUAL FINANCIAL REPORT 2017 HIGHLIGHTS 2017 AND OUTLOOK AT A GLANCE ANOTHER RECORD YEAR FOR NEXT LEVEL OF eMOBILITY KTM INDUSTRIES Next step to become a comprehensive power two-wheeler company EUR 1,533m revenues (+14% vs 2016) and record Leveraging technological and market know-how revenues for the 7th consecutive time 238,334 motorcycles sold (+17% vs 2016) SUCCESSFUL MOTORSPORT YEAR ACROSS ALL RACING CLASSES STRONG MOMENTUM IN ALL RELEVANT MARKETS 11 championship titles in 2017 and more than 280 in KTM history Increase of brand visibility 10.1% market share in Europe and 8.3%market share in US/CA NEW GUIDANCE AND OUTLOOK Husqvarna strong momentum maintained and posts one of the highest growth numbers in registrations >400,000 motorcycles in 2022 (+5.2% vs 2016) Selected figures of new guidance: 2021 (NEW) 2021 (OLD) ENLARGEMENT OF STRATEGIC Motorcycles sold1) >360,000 units >300,000 units PARTNERSHIP WITH BAJAJ AND EBIT margin 8 – 10% 8 – 10% ROIC 10 – 12% 9 – 11% NEW JV WITH CF MOTO 1) Including units distributed by Bajaj Later in 2018, Bajaj will add Husqvarna models Vitpilen 401 and Svartpilen 401 to its production for global markets and distribution agreement Joint venture with CF Moto strengthens KTM’s footprint in China and allows cost-efficient production of motorcycles with engines >690cc DAKARS UNDEFEATEDTHE MOST VICTORIOUS MOTORCYCLE 17BRAND IN DAKAR HISTORY! What does it take to win 17 consecutive titles in the world’s toughest rally race? After years of battling the Dakar, we can attribute our victories to one thing – sheer READY TO RACE spirit.
    [Show full text]