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21st Austria weekly - Pierer Mobility (29/03/2022)

03.04.2022

Pierer Mobility: The Pierer Mobility Group, with brand like KTM or Husqvarna, achieved record growth in sales and earnings in the 2021 financial year. This was driven by the high global market demand for Powered Two-Wheelers (PTWs). With a total of 409,797 motorcycles and e-bicycles sold, the Group thus delivered a further record year in succession. In 2022, challenges in the international supply chains must be expected to continue, as capacity and supply bottlenecks at individual suppliers and in international transport logistics may lead to delays with deliveries. In addition, it is also important to keep a close eye on geopolitical risks. Particularly, the war in Ukraine will have a negative impact on the global economy. The business of PIERER Mobility Group is not directly affected by the military conflicts in Ukraine. Indirectly, however, as is the case for whole industry, the risk is also increasing for the PIERER Mobility Group, primarily due to further increases in energy and raw material costs as well as negative effects on the capital markets. In line with the strategic objective of contributing to emissions reduction and emission neutrality for motorcycles, the focus of development work in the years to come will increasingly be on alternative drive systems in the segment up to 15 kW. In the range above this, efforts will focus on the technological advancement of conventional forms of propulsion with synthetic fuels for avoiding CO2. The main goal is to fully exploit the innovation and development potential in the field of electric mobility and to help shape the growing market with e-fuel-powered combustion engines and secure market share as a global player with the strong brands of the PIERER Mobility Group. At least three electric platforms with multiple products will be introduced by 2024. In the light of the above, the Executive Board confirms the Guidance for the 2022 financial year and expects revenue growth of between 6% and 10% (2021 financial year: Euro 2,041.7 mn) with an EBIT margin of 8% to 10% and an EBITDA margin between 15% and 17%.
Pierer Mobility: weekly performance: 3.25%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (29/03/2022)


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21st Austria weekly - Pierer Mobility (29/03/2022)


03.04.2022, 2221 Zeichen



Pierer Mobility: The Pierer Mobility Group, with brand like KTM or Husqvarna, achieved record growth in sales and earnings in the 2021 financial year. This was driven by the high global market demand for Powered Two-Wheelers (PTWs). With a total of 409,797 motorcycles and e-bicycles sold, the Group thus delivered a further record year in succession. In 2022, challenges in the international supply chains must be expected to continue, as capacity and supply bottlenecks at individual suppliers and in international transport logistics may lead to delays with deliveries. In addition, it is also important to keep a close eye on geopolitical risks. Particularly, the war in Ukraine will have a negative impact on the global economy. The business of PIERER Mobility Group is not directly affected by the military conflicts in Ukraine. Indirectly, however, as is the case for whole industry, the risk is also increasing for the PIERER Mobility Group, primarily due to further increases in energy and raw material costs as well as negative effects on the capital markets. In line with the strategic objective of contributing to emissions reduction and emission neutrality for motorcycles, the focus of development work in the years to come will increasingly be on alternative drive systems in the segment up to 15 kW. In the range above this, efforts will focus on the technological advancement of conventional forms of propulsion with synthetic fuels for avoiding CO2. The main goal is to fully exploit the innovation and development potential in the field of electric mobility and to help shape the growing market with e-fuel-powered combustion engines and secure market share as a global player with the strong brands of the PIERER Mobility Group. At least three electric platforms with multiple products will be introduced by 2024. In the light of the above, the Executive Board confirms the Guidance for the 2022 financial year and expects revenue growth of between 6% and 10% (2021 financial year: Euro 2,041.7 mn) with an EBIT margin of 8% to 10% and an EBITDA margin between 15% and 17%.
Pierer Mobility: weekly performance: 3.25%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (29/03/2022)



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