Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Austria
  4. Wiener Boerse
  5. PIERER Mobility AG
  6. News
  7. Summary
    PMAG   AT0000KTMI02

PIERER MOBILITY AG

(PMAG)
  Report
End-of-day quote. End-of-day quote Wiener Boerse - 06/18
73 EUR   -0.27%
06/18PIERER MOBILITY AG  : Notification and public disclosure of transactions by persons
EQ
06/10DGAP-DD  : PIERER Mobility AG english
DJ
05/28DGAP-DD  : PIERER Mobility AG english
DJ
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

PRESS RELEASE: PIERER Mobility AG: European E-Mobility Competence - VARTA and PIERER Mobility Agree on Strategic Cooperation

03/17/2021 | 11:47am EDT
DGAP-News: PIERER Mobility AG / Key word(s): Strategic Company Decision 
PIERER Mobility AG: European E-Mobility Competence - VARTA and PIERER Mobility Agree on Strategic Cooperation 
2021-03-17 / 17:45 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Corporate News 17th March 2021 
European E-Mobility Competence: VARTA and PIERER Mobility Agree on Strategic Cooperation 
- Focus on the development of highly efficient battery systems in the electric two-wheeler sector 
The two Austrian entrepreneurs Stefan Pierer and Michael Tojner want to cooperate more closely in the e-mobility sector 
and thus send a strong signal in and from Europe. VARTA and KTM are to send a strong signal in and from Europe with 
highly efficient battery systems in the electric two-wheeler sector. 
VARTA AG is the leading European manufacturer of Li-ion cells and a global innovation and technology leader. PIERER 
Mobility AG with the brands KTM, Husqvarna and GASGAS is the largest European Powered Two-Wheeler manufacturer. The 
cooperation partners see great potential for the development of a platform battery for light electric vehicles in the 
field of 48-volt technology with peak outputs of up to approx. 20kW. 
"With VARTA Innovation in Graz, we are strongly positioned for VARTA AG's materials research and development in 
Austria. The site is being massively expanded to drive the development of large battery cell formats for 
electromobility," says Michael Tojner, CEO of the Montana Tech Components AG group of companies and majority owner of 
VARTA AG. 
"Through our innovative strength, we see ourselves as a technology leader in the two-wheeler sector in Europe and want 
to set the tone especially in the development of two-wheeled electric vehicles," says Stefan Pierer, CEO of PIERER 
Mobility AG. 
The focus of the cooperation between VARTA and KTM is the development and industrialization of low-voltage battery 
platforms for vehicles from 250 watts to 20 kilowatts peak power, which achieve a high range and performance. 
In particular, cooperation is intended in the following areas: 
- Cooperation in the areas of research, development and production 
- Joint marketing and sales activities 
- Take-back, recycling and 2nd life of batteries 
About the Group 
The PIERER Mobility Group is Europe's leading manufacturer of "powered two-wheelers" (PTW). With its motorcycle brands 
KTM, HUSQVARNA 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. 
Contact: 
Investor Relations 
Mag. Michaela Friepeß 
Tel.: +43 (0)7242 / 69402 
Email: ir@pierermobility.com 
Website: www.pierermobility.com 
About Montana Tech Components AG 
MONTANA TECH COMPONENTS AG, founded in 2006, is a globally active industrial group focusing on key technologies in 
future markets. The companies of the growth-oriented group hold a leading position in their field of activity. By 
focusing on selected key technologies, market leadership, and continuous innovation, Montana Tech Components pursues a 
sustainable growth strategy in its divisions - VARTA AG, Aluflexpack AG and Montana Aerospace. The group generated 
sales worth 1.35 billion euros in 2019 and is represented at 83 locations in 34 countries worldwide. It currently 
employs a total of around 10,700 highly qualified staff. 
https://www.montanatechcomponents.com/ 
About VARTA AG 
VARTA AG produces and markets a comprehensive battery portfolio that ranges from microbatteries, household batteries 
and energy storage systems all the way to customer-specific battery solutions for a wide range of uses, setting the 
industry standards as technology leader in many important areas. As the parent company of the Group, it is active in 
the "Microbatteries & Solutions" and "Household Batteries" business segments. 
The "Microbatteries & Solutions" segment focuses on the OEM business for microbatteries and the lithium-ion battery 
pack business. Through intensive research and development, VARTA sets the global standards in the microbatteries 
segment and is a recognised innovation leader in the important growth markets lithium-ion technology and primary 
hearing aid batteries. The "Household Batteries" segment covers the battery business for end customers, including 
household batteries, rechargeable batteries, chargers, portable power (power banks), lights and energy storage systems. 
The VARTA AG Group, headquartered in Ellwangen, currently employs almost 4,800 staff. VARTA AG's operating subsidiaries 
are currently active in more than 75 countries around the world, with five production and assembly facilities in Europe 
and Asia as well as distribution centers in Asia, Europe and the USA. 
http://www.varta-ag.com 
Enquiries & contact: 
Jürgen Beilein 
Tel: +43 664 831 2 841 
Email: beilein@zbcom.at 
Website: www.montanatechcomponents.com 
=---------------------------------------------------------------------------------------------------------------------- 
2021-03-17 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:  1176438 
Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PMAG, Bloomberg: PMAG SE, PMAG GY Reuters: PMAG.S 
 
End of News   DGAP News Service 
=------------ 

1176438 2021-03-17

(END) Dow Jones Newswires

March 17, 2021 12:46 ET (16:46 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
ALUFLEXPACK AG -0.29% 33.9 Delayed Quote.-0.59%
HUSQVARNA AB (PUBL) -2.10% 114.1 Delayed Quote.7.14%
PIERER MOBILITY AG -0.27% 73 End-of-day quote.9.77%
VARTA AG -4.29% 134.95 Delayed Quote.14.17%
All news about PIERER MOBILITY AG
06/18PIERER MOBILITY AG  : Notification and public disclosure of transactions by pers..
EQ
06/10DGAP-DD  : PIERER Mobility AG english
DJ
05/28DGAP-DD  : PIERER Mobility AG english
DJ
05/28PIERER MOBILITY AG  : Notification and public disclosure of transactions by pers..
EQ
05/20DGAP-DD  : PIERER Mobility AG english
DJ
05/11PIERER MOBILITY AG : Release according to Article 40, Section 1 of the WpHG [the..
EQ
05/11PIERER MOBILITY AG  : Notification and public disclosure of transactions by pers..
EQ
05/06PIERER MOBILITY AG : 'THE FUTURE OF ELECTRIC MOBILITY' Exhibition Opens at KTM M..
EQ
05/05PIERER MOBILITY AG : Ex-dividend day for final dividend
FA
04/15PIERER MOBILITY AG  : Notification and public disclosure of transactions by pers..
EQ
More news
Financials
Sales 2021 1 869 M 2 216 M 2 216 M
Net income 2021 56,0 M 66,4 M 66,4 M
Net Debt 2021 343 M 406 M 406 M
P/E ratio 2021 -
Yield 2021 0,41%
Capitalization 1 631 M 1 934 M 1 934 M
EV / Sales 2021 1,06x
EV / Sales 2022 0,91x
Nbr of Employees 4 586
Free-Float 31,9%
Chart PIERER MOBILITY AG
Duration : Period :
PIERER Mobility AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PIERER MOBILITY AG
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
 
Mean consensus -
Number of Analysts 1
Average target price
Last Close Price 73,00 
Spread / Highest target -
Spread / Average Target -
Spread / Lowest Target -
EPS Revisions
Managers and Directors
NameTitle
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
Sector and Competitors
1st jan.Capitalization (M$)
PIERER MOBILITY AG9.77%1 934
BAJAJ AUTO LIMITED10.30%16 260
YAMAHA MOTOR CO., LTD.54.23%10 287
EICHER MOTORS LIMITED6.99%9 979
HERO MOTOCORP LIMITED-6.98%7 792
HARLEY-DAVIDSON, INC.21.63%6 726