Ad-hoc | 26 August 2021 17:45

PIERER Mobility AG: Further increase in revenue forecast for the 2021 fiscal year

PIERER Mobility AG / Key word(s): Change in Forecast
PIERER Mobility AG: Further increase in revenue forecast for the 2021 fiscal year

26-Aug-2021 / 17:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Ad hoc announcement pursuant to article 17 of Regulation (EU) NO 596/2014 (MAR)
Ad hoc announcement pursuant to Art. 53 KR

Wels, 26 August 2021

PIERER Mobility AG: Further increase in revenue forecast for the 2021 fiscal year

• Continued positive global demand for motorized two-wheelers (motorcycles and e-bicycles) leads to further increase in the revenue forecast

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.

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

26-Aug-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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

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