Group Figures

Key financial performance indicators:

Earnings ratios1) 201720182019
20202021
Revenuein m€
1,533.0
1,559.6
1,520.1
1,530.42,041.7
EBITDA in m€
218.9
252.2
240.8233.5332.2
EBIT in m€
132.5
161.2
131.7
107.2193.5
EBITDA marginin per cent
14.3%
16.2%
15.8%15.3%16.3%
EBIT marginin per cent
8.6%
10.3%
8.7%7.0%9.5%

Other financial figures:

Earnings ratios 1) 20172018201920202021
Earnings after taxesin m€83.9114.295.769.5142.9
Earnings after minoritiesin m€44.767.554.534.982.5

Balance sheet ratios 12/31/201712/31/201812/31/201912/31/202012/31/2021
Balance sheet totalin m€1,465.21,353.91,613.91,686.02,033.7
Equityin m€528.6550.8618.6654.1765.6
Equity ratioin per cent36.1%40.7%38.3%38.8%37.6%
Working capital employed 2)in m€238.4245.3274.2181.5160.5
Net debt 3)
in m€375.0323.3395.8312.4189.9
Gearing 4)
in per cent70.9%58.7%64.0%47.8%24.8%

Cash-Flow and capex 20172018201920202021
Cash-Flow from operating activitiesin m€
161.3
85.5
257.4312.8367.4
Cash-Flow from investing activitiesin m€-154.0-102.1-165.7-147.0-195.1
Free cash flow 5)in m€7.3-16.791.6165.8172.2
Cash-Flow from financing activitiesin m€-118.0-63.3-20.6-104.7-27.6
Capital expenditure 1) 6)in m€176.3165.1148.9150.2178.5

Value creation 12/31/2017
12/31/2018
12/31/201912/31/202012/31/2021
ROCE (Return on capital employed 7)in per cent13.9%16.6%12.7%9.7%17.4%
ROE (Return on equity) 8)
in per cent17.1%21.2%16.4%10.9%20.1%
ROIC (Return on Invested Capital) 9)
in per cent10.4%13.6%10.6%7.7%13.0%

Stock exchange ratios 10) 12/31/2017
12/31/2018
12/31/2019
12/31/202012/31/2021
Share price as of Dec. 31; SIX Swiss Exchange11)in CHF
7.39
60.60
54.00
71.1094.0
Number of shares11)in m shares
225.39
22.54
22.5422.5433.80
Market capitalization12)in m CHF
1,665.61
1,365.84
1,217.091,602.503,176.87
Earnings per share 13)in €
1.98
2.99
2.42
1.563.34
Book value per share 13) 14)in €
23.45
24.44
27.4529.0222.65

Non-financials key performance indicators:

  20172018201920202021
Employees 15)Headcount5,8874,3034,3684,5865,249
Unit sales motorcycles 16)Number of units238,334261,454280,099270,407332,881
Unit sales e-bikesNumber of units---56,06476,916
Unit sales Powered Two-Wheelers (PTWs) 17)Number of units238,334261,454280,099326,471409,797
Unit sales bicycles (without electric drive)Number of units---17,21325,837
Unit sales total: motorcycles and (e)-bicyclesStückzahl238,334261,454280,099343,684435,634

Other non-financial figures:

  20172018201920202021
Production motorcycles worldwide 18)Number of units243,442259,051260,564265,321323,931
Production motorcycles in Mattighofen 19)Number of units151,645171,297160,098140,252178,992
t CO2-e per vehicle sold (Scope 1-3)in t CO2-e-3.843.833.672.92
Fleet emissions motorcycles 20)Ø in g/km-81.8279.0978.6779.36
Fleet emissions incl. e-bicycles Ø in g/km----61.14
Fleet consumptionØ in l/100 km-3.523.413.393.41
Employees in R&D as % of total employeesin per cent14.5015.8018.1017.6018.60
R&D expenses from revenuein per cent8.308.709.109.008.00
Proportion of female employeesin per cent-22.9622.5922.3724.16

 

1) Previous years 2017 to 2018 also include the discontinued operation (Pankl-Group).
2) Working capital employed = inventories + trade receivables – trade payables
3) Net debt = financial liabilities (current, non-current) – cash
4) Gearing = net debt / equity
5) Free cash flow = cash flow from operating activities + cash flow from investing activities
6) Additions to property, plant and equipment and intangible assets according to the schedule of investments, excluding lease additions (IFRS 16)
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
9) ROIC = NOPAT / average capital employed; NOPAT = EBIT – taxes
10) Since November 14th, 2016 listing on SIX Swiss Exchange
11) Reverse stock split in a ratio 10:1 in April 2018
12) Calculation includes no treasury shares as of December 31st, 2021 (previous year 12/31/2020: 193,340 numbers)
13) Calculation in 2017 adjusted to the new number of shares after reverse stock split in a ratio 10:1
14) Equity / number of shares
15) Number of employees on the reporting day (including temporary staff); Previous years 2017 and 2018 also include the discontinued operation (Pankl-Group)
16) Including motorcycles sold by partner Bajaj
17) Including motorcycles sold by partner Bajaj; excluding bicycles without electric drive
18) Including small-engine KTM and Husqvarna models produced by partner Bajaj in India; since 2020 including the number of units produced in Spain (2021: 2,532; 2020: 3,092)
19) Annual production units at the headquarter in Austria
20) CO2 fleet emissions increased by 0.69 g/km in the reporting year, due to the strong growth in sales of ICE models with medium and large displacements (> 500cc).

Download PDF (97 KB)