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21st Austria weekly - FACC, KTM (03/06/2019)

09.06.2019

FACC:  FACC, a technology partner of the global aerospace industry, is taking a further step in its globalization strategy with investments of around Euro 30 mn in a new production facility in Croatia. Construction is scheduled to start this year. As a 100% subsidiary of FACC, this new production facility will manufacture lightweight cabin components for commercial and business aircraft using state-of-the-art fiber composite technology.  "FACC benefits from the strong growth in the aviation industry. As a global player in the composite sector, FACC has been growing faster than the market over the first 30 years of its existence. In line with overall market requirements and customer demands, we are continuously enlarging our manufacturing capacities," says FACC CEO Robert Machtlinger. “This expansion represents a strategic investment for our company, and we are confident that the FACC Croatia Production Center of Competence will substantially contribute to our corporate strategy of quality and efficiency leadership. This green field investment offers us the opportunity to set up a best-in-class aerospace facility, implementing leading-edge technology, automation and Industry 4.0 methods."
FACC: weekly performance: 0.47%

KTM: KTM Industries AG and Bajaj Auto Ltd. have decided to initiate a serial production project for PTW ("Powered two wheeler") electric vehicles in the power range of 3 to 10 kW (48 volt) at the level of KTM AG. This platform will support different product variants - scooters, mopeds, small mopeds, under brands of both partners. This further step in the field of electro mobility is a logical addition to the existing activities with Pexco in the Husquarner e-bike sector. The serial production will start at Bajaj's production site in Pune/India by 2022. The necessary development budget is covered in the medium-term plans. The structural considerations that have been discussed between Pierer-Group and Bajaj-Group since the end of March 2019 regarding the possibility of transferring Bajaj's 48% stake in KTM AG to KTM Industries AG are not being further pursued for the time being. The successful cooperation with the Bajaj-Group, which has existed since 2007, will thus continue unchanged at the level of KTM AG. Contrary to initial estimates at the beginning of the year, the retail market in Europe has developed very well, KTM stated. The European market as a whole grew by around 20% in the first quarter. KTM increased its market share to 12.3% with a registration increase of 22%. Particularly noteworthy are the registration numbers in Germany (+29%), France (+34%) and Spain (+20%). In addition to the outstanding increase in sales in India (+30%), the remaining markets are in line with expectations.
KTM Industries: weekly performance: -0.96%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (03/06/2019)


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21st Austria weekly - FACC, KTM (03/06/2019)


09.06.2019


FACC:  FACC, a technology partner of the global aerospace industry, is taking a further step in its globalization strategy with investments of around Euro 30 mn in a new production facility in Croatia. Construction is scheduled to start this year. As a 100% subsidiary of FACC, this new production facility will manufacture lightweight cabin components for commercial and business aircraft using state-of-the-art fiber composite technology.  "FACC benefits from the strong growth in the aviation industry. As a global player in the composite sector, FACC has been growing faster than the market over the first 30 years of its existence. In line with overall market requirements and customer demands, we are continuously enlarging our manufacturing capacities," says FACC CEO Robert Machtlinger. “This expansion represents a strategic investment for our company, and we are confident that the FACC Croatia Production Center of Competence will substantially contribute to our corporate strategy of quality and efficiency leadership. This green field investment offers us the opportunity to set up a best-in-class aerospace facility, implementing leading-edge technology, automation and Industry 4.0 methods."
FACC: weekly performance: 0.47%

KTM: KTM Industries AG and Bajaj Auto Ltd. have decided to initiate a serial production project for PTW ("Powered two wheeler") electric vehicles in the power range of 3 to 10 kW (48 volt) at the level of KTM AG. This platform will support different product variants - scooters, mopeds, small mopeds, under brands of both partners. This further step in the field of electro mobility is a logical addition to the existing activities with Pexco in the Husquarner e-bike sector. The serial production will start at Bajaj's production site in Pune/India by 2022. The necessary development budget is covered in the medium-term plans. The structural considerations that have been discussed between Pierer-Group and Bajaj-Group since the end of March 2019 regarding the possibility of transferring Bajaj's 48% stake in KTM AG to KTM Industries AG are not being further pursued for the time being. The successful cooperation with the Bajaj-Group, which has existed since 2007, will thus continue unchanged at the level of KTM AG. Contrary to initial estimates at the beginning of the year, the retail market in Europe has developed very well, KTM stated. The European market as a whole grew by around 20% in the first quarter. KTM increased its market share to 12.3% with a registration increase of 22%. Particularly noteworthy are the registration numbers in Germany (+29%), France (+34%) and Spain (+20%). In addition to the outstanding increase in sales in India (+30%), the remaining markets are in line with expectations.
KTM Industries: weekly performance: -0.96%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (03/06/2019)




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