Brief: Pierer Mobility Expects 2022 Revenue Up To EUR 2.4 Bln, 6-10% Sales Grow In 2023

Bajaj Mobility AG

09/01/2023 17:30

Jan 9 (Reuters) - Pierer Mobility Ag  PMAG.VI :
    * ANOTHER RECORD YEAR IN 2022 AND POSITIVE OUTLOOK FOR 2023
    * 2022 SALES: 375,612 MOTORCYCLES (+13%)
    * REVENUES FY 2022 BETWEEN EUR 2,420 AND 2,435 MILLION
(+19%)
    * EXPECTED EBIT MARGIN BETWEEN 9% AND 10%
    * POSITIVE OUTLOOK FOR 2023
    * 2022 SALES: 118.427 E-BICYCLES & BICYCLES (+15%)
    * EXECUTIVE BOARD EXPECTS SALES GROWTH BETWEEN 6 AND 10%
WITH AN
EBIT MARGIN OF 8 TO 10%
    * IN 2023 FINANCIAL YEAR, PIERER MOBILITY GROUP WILL
CONTINUE TO
FOCUS ON GROWTH IN ALL CORE AREAS, BOTH MOTORCYCLES AND
(E-)BICYCLES

Source text for Eikon:  ID:nEQ9QddHma 
Further company coverage:  PMAG.VI 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))