DGAP-Adhoc

PIERER Mobility AG: Record growth in Q1 2021 - Seite 2

Since the beginning of the year, the PIERER Mobility Group has increased its headcount by 130 people to 4,730 and is still looking for employees in all areas. As part of the apprenticeship offensive, 65 more apprentices will start their training in this year. In total, the group is training 190 apprentices.

Revenue forecast for 2021 increased

Despite the ongoing COVID-19 related supply chain challenges, the outlook remains positive and the Executive Board raises the revenue guidance for the 2021 financial year 2021 to EUR 1,850 million - EUR 1,950 million (previous revenue guidance 2021: EUR 1,800 million - EUR 1,900 million).

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.

 

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