KTM parent company PIERER Mobility has added more detail to the provisional FY2022 results it published in January, confirming a year of extraordinary growth with group revenues of € 2,437m (+19%) and unit sales of 375,492 motorcycles (+13%), of which 268,575 were KTM branded units, 75,266 were Husqvarna and 31,651 were GasGas models. In addition, 118,465 e-bicycles and bicycles (+15%) were sold. EBIT was € 235m (+22%) and EBITDA was € 381m (+15%). The group spent € 268 m on "growth initiatives" in 2022, which included the continuing construction of its new 14,000 sq m North American HQ campus in Georgia. The year also saw a 25.1% equity investment in MV Agusta and the takeover of European distribution for KTM's Chinese sales and production partner CFMoto.
The latest available ZIV data for quad/ATV and three-wheeler sales in Germany show 2022 sales of 1,565 quads (+95.87%), with some 95% of those is the sub 300 cc class. Sales of ATVs totalled 20,278 (-15.39%); 4,335 three-wheelers were sold (+6.43%), with Piaggio's MP3 the market share leader (36.19% of sales), followed by BRP/Can-Am, Peugeot, Yamaha and Rewaco.
In Germany in 2022, Zero was the electric motorcycle market share leader, but with just 357 units sold for a +32.2% increase, we are still talking ultra-low volumes at this stage. Vmoto was in second place in market share terms, followed by KTM, Tinbot and Electric Motion. NIU was the electric scooter market share leader (1,390 units/+171.0%) ahead of Scutum, Horwin, BMW and Piaggio.
Ducati has confirmed that 2022 saw it break the one billion euro revenue barrier for the first time in its history (+24%), selling 61,562 units (+3.6%) - the first time it has broken the 60k unit volume mark - and had 821 dealerships worldwide for another record.
Global BMW Motorrad unit sales grew by 4.4% in 2022 to 202,895 units. However, sales in Europe were down slightly (-0.3%/110,788 units) with sales of 24,129 units in Germany representing a -7.1% home market unit decline. The French market took 21,223 units in 2022 (+6.7%) while Italy was -2.3% (15,668 units) and Spain was -0.9% (12,502 units). North, Central and South American sales were +14.4% (45,775 units), of which 17,690 were in the USA (+10.4%). The company only introduced two completely new models in 2022 - the CE 04 electric scooter, which has not sold well yet, and a Roadster styled M1000 iteration.
