PIERER Mobility AG Reports Revenue Results for the First Quarter of 2021
April 12, 2021 at 11:48 am EDT
PIERER Mobility AG reported revenue results for the first quarter of 2021. In the first quarter of the 2021 financial year, the PIERER Mobility Group generated record unit sales and revenues, driven by high global demand for powered two-wheelers (PTWs). Revenues of EUR 509 million were generated in this period (Q1 2020: EUR 278.9 million), representing an increase of 82% compared to the previous year.