Financial results for Polaris Industries

American manufacturer of snowmobiles, ATVs, ATVs, and motorcycles Victory company Polaris Industries today announced financial results for 2012.

The company's net profit for the year increased by 37% to a record 312,3 million dollars. Sales volume compared with 2011 increased by 21% to $ 3.2 billion.

For the fourth quarter, net profit rose 38% to 88,1 million dollars, while revenue grew by 15% to 900,6 million dollars.

CEO Scott wine called the results "an indicator of active and quality work Polaris" and stated that the company will continue to actively invest in diversification and new opportunities for growth.

According to the forecast, in 2013 the company will continue to demonstrate growth of financial performance - Polaris predict the increase in net profit in 2013 compared with 2012 by 10-15%, and sales growth should be around 7-10%.



Polaris Industries is a recognized leader in the manufacture of snowmobiles, as well as one of the largest manufacturers of ATVs in the world. The company's shares are traded on the new York stock exchange. Annual sales of Polaris in recent years, hovering around 2.5 to 3 billion dollars.

Polaris Industries is one of the largest manufacturers in the world of motorcycles. In the company's product line - snowmobiles (about 25 models) ATV's (20 models), motorcycles Victory (9 models), as well as parts and accessories. The company manufactures snowmobiles since 1954, the Quad - since 1985. double ATVs with parallel arrangement of the seat Polaris Ranger since 1997. , motorcycles Victory - c 1998. According to Polaris, Victory motorcycle, launched in 1998, was the first over the last 60 years a brand new motorcycle, the production of which was started in the United States. Until 2004, the company produced water technique, but then this direction, it was decided to close.