Brief: Pierer Mobility Further Increase In 2021 Revenue Forecast

Bajaj Mobility AG

26/08/2021 16:46

Aug 26 (Reuters) - PIERER MOBILITY AG  PMAG.VI :
    * 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
REVENUE FORECAST
    * OUTLOOK 2021: REVENUE UP TO EUR 1,900 MILLION - EUR 2,000
MILLION (PREVIOUS 2021 REVENUE GUIDANCE: EUR 1,850 MILLION - EUR
1,950 MILLION)
    * OUTLOOK 2021: EBIT MARGIN IN AMOUNT OF 8 - 9% AND EBITDA
MARGIN
> 15% REMAINS UNCHANGED

Source text for Eikon:  ID:nEQ3Vrztga 
Further company coverage:  PMAG.VI 

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