PIERER Mobility AG: Further increase in revenue forecast for the 2021 fiscal year Donnerstag, 26. August 2021 - 17:45
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PIERER Mobility AG / Key word(s): Change in Forecast PIERER Mobility AG: Further increase in revenue forecast for the 2021 fiscal year 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)
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.
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1229242 26-Aug-2021 CET/CEST
