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PIERER Mobility AG Management Reports 2021
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Ad-hoc | 26 August 2021 17:45
PIERER Mobility AG: Further increase in revenue forecast for the 2021 fiscal year
PIERER Mobility AG / Key word(s): Change in Forecast
PIERER Mobility AG: Further increase in revenue forecast for the 2021 fiscal year
26-Aug-2021 / 17:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
**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
26-Aug-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | PIERER Mobility AG |
| Edisonstrasse 1 | |
| 4600 Wels | |
| Austria | |
| Phone: | +43 (0) 7242 69 402 |
| E-mail: | [email protected] |
| Internet: | www.pierermobility.com |
| ISIN: | AT0000KTMI02 |
| WKN: | A2JKHY |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; SIX |
| EQS News ID: | 1229242 |
Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PMAG, Bloomberg: PMAG SE, PMAG GY Reuters: PMAG.S
| End of Announcement | DGAP News Service |