KTM Industries AG announced preliminary consolidated earnings results for the full year of fiscal 2017. For the year, the company announced revenues of EUR 1,533.4 million compared to EUR 1,343.0 million for the same period a year ago. EBITDA was EUR 219.0 million compared to EUR 198.4 million for the same period a year ago. EBIT was EUR 132.5 million compared to EUR 122.3 million for the same period a year ago. Earnings after taxes was EUR 84.0 million compared to EUR 89.0 million for the same period a year ago. Earnings after minorities was EUR 44.7 million compared to EUR 52.1 million for the same period a year ago. Net debt was EUR 375.0 million compared to EUR 364.6 million for the same period a year ago. Capital expenditure was EUR 179.6 million compared to EUR 144.4 million for the same period a year ago. Cash flow from operating activities was EUR 164.3 million compared to EUR 167.8 million for the same period a year ago.

The company provided earnings guidance for the full year of fiscal 2018. For the full year, the company expects revenue growth of 9% to 11% and EBIT margin of 8% to 10%.