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PIERER Mobility AG — Earnings Release 2021
Aug 26, 2021
801_iss_2021-08-26_c34bea5c-d3d8-4a0b-94ba-dedaf3acf072.pdf
Earnings Release
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Ad hoc announcement pursuant to article 17 of Regulation (EU) NO 596/2014 (MAR)
Ad hoc announcement pursuant to Art. 53 KR
Wels, 26 August 2021
PIERER Mobility AG: Further increase in revenue forecast for the 2021 fiscal year
- Continued positive global demand for motorized two-wheelers (motorcycles and e-bicycles) leads to further increase in the revenue forecast
Due to the continued positive global demand for motorized two-wheelers (motorcycles and e-bicycles), the Executive Board today announces that it is again raising the revenue guidance for the 2021 fiscal year published in April 2021.
Despite the ongoing COVID-19 related supply chain challenges, the outlook remains positive and the Executive Board raises the revenue guidance for the 2021 fiscal year to EUR 1,900 million - EUR 2,000 million (previous 2021 revenue guidance: EUR 1,850 million - EUR 1,950 million). The forecast for the EBIT margin in the amount of 8 - 9% and the EBITDA margin > 15% remains unchanged.
Contact Investor relations Michaela Friepeß, Tel.: +43 (0)7242 / 69402 Email: [email protected] Website: www.pierermobility.com
ISIN: AT0000KTMI02, Swiss valor number: 41860974, Ticker Symbol: PMAG, Bloomberg: PMAG SE, PMAG GY, Reuters: PMAG.S