Group Figures
Key financial performance indicators:
| Earnings ratios1) | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue | in m€ | 1,533.0 | 1,559.6 | 1,520.1 | 1,530.4 | 2,041.7 |
| EBITDA | in m€ | 218.9 | 252.2 | 240.8 | 233.5 | 332.2 |
| EBIT | in m€ | 132.5 | 161.2 | 131.7 | 107.2 | 193.5 |
| EBITDA margin | in per cent | 14.3% | 16.2% | 15.8% | 15.3% | 16.3% |
| EBIT margin | in per cent | 8.6% | 10.3% | 8.7% | 7.0% | 9.5% |
Other financial figures:
| Earnings ratios 1) | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|
| Earnings after taxes | in m€ | 83.9 | 114.2 | 95.7 | 69.5 | 142.9 |
| Earnings after minorities | in m€ | 44.7 | 67.5 | 54.5 | 34.9 | 82.5 |
| Balance sheet ratios | 12/31/2017 | 12/31/2018 | 12/31/2019 | 12/31/2020 | 12/31/2021 | |
|---|---|---|---|---|---|---|
| Balance sheet total | in m€ | 1,465.2 | 1,353.9 | 1,613.9 | 1,686.0 | 2,033.7 |
| Equity | in m€ | 528.6 | 550.8 | 618.6 | 654.1 | 765.6 |
| Equity ratio | in per cent | 36.1% | 40.7% | 38.3% | 38.8% | 37.6% |
| Working capital employed 2) | in m€ | 238.4 | 245.3 | 274.2 | 181.5 | 160.5 |
| Net debt 3) | in m€ | 375.0 | 323.3 | 395.8 | 312.4 | 189.9 |
| Gearing 4) | in per cent | 70.9% | 58.7% | 64.0% | 47.8% | 24.8% |
| Cash-Flow and capex | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|
| Cash-Flow from operating activities | in m€ | 161.3 | 85.5 | 257.4 | 312.8 | 367.4 |
| Cash-Flow from investing activities | in m€ | -154.0 | -102.1 | -165.7 | -147.0 | -195.1 |
| Free cash flow 5) | in m€ | 7.3 | -16.7 | 91.6 | 165.8 | 172.2 |
| Cash-Flow from financing activities | in m€ | -118.0 | -63.3 | -20.6 | -104.7 | -27.6 |
| Capital expenditure 1) 6) | in m€ | 176.3 | 165.1 | 148.9 | 150.2 | 178.5 |
| Value creation | 12/31/2017 | 12/31/2018 | 12/31/2019 | 12/31/2020 | 12/31/2021 |
|
|---|---|---|---|---|---|---|
| ROCE (Return on capital employed 7) | in per cent | 13.9% | 16.6% | 12.7% | 9.7% | 17.4% |
| ROE (Return on equity) 8) | in per cent | 17.1% | 21.2% | 16.4% | 10.9% | 20.1% |
| ROIC (Return on Invested Capital) 9) | in per cent | 10.4% | 13.6% | 10.6% | 7.7% | 13.0% |
| Stock exchange ratios 10) | 12/31/2017 | 12/31/2018 | 12/31/2019 | 12/31/2020 | 12/31/2021 | |
|---|---|---|---|---|---|---|
| Share price as of Dec. 31; SIX Swiss Exchange11) | in CHF | 7.39 | 60.60 | 54.00 | 71.10 | 94.0 |
| Number of shares11) | in m shares | 225.39 | 22.54 | 22.54 | 22.54 | 33.80 |
| Market capitalization12) | in m CHF | 1,665.61 | 1,365.84 | 1,217.09 | 1,602.50 | 3,176.87 |
| Earnings per share 13) | in € | 1.98 | 2.99 | 2.42 | 1.56 | 3.34 |
| Book value per share 13) 14) | in € | 23.45 | 24.44 | 27.45 | 29.02 | 22.65 |
Non-financials key performance indicators:
| 2017 | 2018 | 2019 | 2020 | 2021 | ||
|---|---|---|---|---|---|---|
| Employees 15) | Headcount | 5,887 | 4,303 | 4,368 | 4,586 | 5,249 |
| Unit sales motorcycles 16) | Number of units | 238,334 | 261,454 | 280,099 | 270,407 | 332,881 |
| Unit sales e-bikes | Number of units | - | - | - | 56,064 | 76,916 |
| Unit sales Powered Two-Wheelers (PTWs) 17) | Number of units | 238,334 | 261,454 | 280,099 | 326,471 | 409,797 |
| Unit sales bicycles (without electric drive) | Number of units | - | - | - | 17,213 | 25,837 |
| Unit sales total: motorcycles and (e)-bicycles | Stückzahl | 238,334 | 261,454 | 280,099 | 343,684 | 435,634 |
Other non-financial figures:
| 2017 | 2018 | 2019 | 2020 | 2021 | ||
|---|---|---|---|---|---|---|
| Production motorcycles worldwide 18) | Number of units | 243,442 | 259,051 | 260,564 | 265,321 | 323,931 |
| Production motorcycles in Mattighofen 19) | Number of units | 151,645 | 171,297 | 160,098 | 140,252 | 178,992 |
| t CO2-e per vehicle sold (Scope 1-3) | in t CO2-e | - | 3.84 | 3.83 | 3.67 | 2.92 |
| Fleet emissions motorcycles 20) | Ø in g/km | - | 81.82 | 79.09 | 78.67 | 79.36 |
| Fleet emissions incl. e-bicycles | Ø in g/km | - | - | - | - | 61.14 |
| Fleet consumption | Ø in l/100 km | - | 3.52 | 3.41 | 3.39 | 3.41 |
| Employees in R&D as % of total employees | in per cent | 14.50 | 15.80 | 18.10 | 17.60 | 18.60 |
| R&D expenses from revenue | in per cent | 8.30 | 8.70 | 9.10 | 9.00 | 8.00 |
| Proportion of female employees | in per cent | - | 22.96 | 22.59 | 22.37 | 24.16 |
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).
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