PIERER Mobility AG: Further increase in revenue forecast for the 2021 fiscal year
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DGAP-Ad-hoc: PIERER Mobility AG / Key word(s): Change in Forecast Ad hoc announcement pursuant to article 17 of Regulation (EU) NO 596/2014 (MAR)
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.
26-Aug-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| 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; SIX |
| EQS News ID: | 1229242 |
| Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PMAG, Bloomberg: PMAG SE, PMAG GY Reuters: PMAG.S |
| End of Announcement | DGAP News Service |
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1229242 26-Aug-2021 CET/CEST
