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    PMAG   AT0000KTMI02

PIERER MOBILITY AG

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PIERER Mobility AG: KTM, HUSQVARNA und GASGAS double unit sales in the first half of 2021

07/06/2021 | 01:01am EDT

DGAP-News: PIERER Mobility AG / Key word(s): Miscellaneous
PIERER Mobility AG: KTM, HUSQVARNA und GASGAS double unit sales in the first half of 2021

06.07.2021 / 07:00
The issuer is solely responsible for the content of this announcement.


Corporate News

Wels, 6 July 2021

PIERER Mobility AG: KTM, HUSQVARNA und GASGAS double unit sales in the first half of 2021

  • Unit sales: 176,045 motorcycles (+95% compared to the previous year)
  • Unit sales: 53,378 e-bikes & non-e-bikes (+25% compared to the previous year)
  • Increase in headcount numbers by around 500 to approximately 4,900

Unit sales: 176,045 motorcycles sold in the first half of the year

In the first half of the 2021, PIERER Mobility AG sold worldwide a total of 176,045 motorcycles of the KTM, HUSQVARNA and GASGAS brands (previous year: 90,331), almost doubling sales compared to the first half of 2020 (+95%). Furthermore, a total of 53,378 units were sold through the very successfully established non-e-bike and e-bike division (+25%). 39,603 of these are e-bikes and 13,775 are non-e-bikes of the R RAYMON, HUSQVARNA and GASGAS brands.

In Europe, in this period of time, 73,224 motorcycles were sold (+76% over the same period of the previous year). Growth was particularly strong in North America, where 30,419 motorcycles sold, this corresponds to an increase of 160% compared to the first half of 2020. A similar trend was seen in Australia/New Zealand, with a 25% increase and a total of 7,842 units sold.

In India, despite the ongoing difficult conditions related to the COVID-19 pandemic, sales increased by 52% to 30,561 motorcycles (previous year: 20,160).

Further increase in headcount numbers by around 500 employees

Compared to June 30, 2020, the PIERER Mobility Group has increased its headcount by around 500 people to approximately 4,900 and continues looking for new employees in various areas. As part of the apprenticeship offensive, 70 more apprentices will start their education in this year. In total, the group is educating around 200 apprentices.

The half-year report to June 30, 2021, will be published on August 31, 2021, before the start of trading.

About the Group
The PIERER Mobility Group is Europe's leading manufacturer of "powered two-wheelers" (PTW). With its motorcycle brands KTM, HUSQVARNA Motorcycles and GASGAS, it is one of the European technology and market leaders, especially for premium motorcycles. In addition to powered two-wheelers equipped with combustion engines or innovative electric drives, the product portfolio also includes e-bicycles. As a pioneer in electromobility for two-wheelers in the low-voltage range (48 volts) the group and its strategic partner Bajaj have the prerequisites to assume a leading global role. The acquisition of PEXCO's e-bicycle business was another important step in intensifying activities in the field of two-wheeled electromobility. E-bicycle activities will be promoted under the brands HUSQVARNA E-Bicycles, R Raymon and GASGAS E-Bicycles in order to participate in the attractive market growth of the e-bicycle segment and to become a major international player there. Thanks to our innovative strength, we see ourselves as the technology leader in the two-wheeler sector in Europe. The partnership with Bajaj, India's second largest motorcycle manufacturer, strengthens competitiveness in global markets.

Legal Disclaimer
THIS ANNOUNCEMENT DOES NEITHER CONSTITUTE AN OFFER TO SELL NOR AN /INVITATION TO SUBMIT A PROPOSAL FOR THE ACQUISITION OF SECURITIES OF PIERER MOBILITY AG. THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

Contact:
Investor Relations
Mag. Michaela Friepeß
Tel.: +43 (0)7242 / 69402
Email: ir@pierermobility.com
Website: www.pierermobility.com



06.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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: ir@pierermobility.com
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
EQS News ID: 1215464

Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PMAG, Bloomberg: PMAG SE, PMAG GY Reuters: PMAG.S
 
End of News DGAP News Service

1215464  06.07.2021 

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P/E ratio 2021 30,0x
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Stefan Pierer Chairman-Management Board & CEO
Friedrich Roithner Chief Financial Officer
Josef Blazicek Chairman-Supervisory Board
Klaus Rinnerberger Member-Supervisory Board
Ernst Chalupsky Vice Chairman-Supervisory Board
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