Brief: Pierer Mobility FY EBIT Down At EUR 107.2 Million

Bajaj Mobility AG

30/03/2021 06:13

March 30 (Reuters) - PIERER Mobility AG  PMAG.VI :
    * RECORD RESULT 2020 CONFIRMED! ACTIVE COVID-19 MANAGEMENT
AND PTW
BOOM LEAD TO FURTHER RECORD YEAR
    * FY REVENUES: EUR 1,530.4M (PREVIOUS YEAR: EUR 1,520.1M)
    * FY EBIT: EUR 107.2M (PREVIOUS YEAR: EUR 131.7M)
    * FY DIVIDEND PAYMENT OF EUR 50 CENT PER SHARE
    * FY UNIT SALES: 326,471 MOTORCYCLES AND E-BICYCLES
    * FOR 2021 FINANCIAL YEAR, EXECUTIVE BOARD EXPECTS REVENUES
OF
BETWEEN EUR 1,800 - 1,900 MILLION
    * FOR 2021 FINANCIAL YEAR EXPECTS AN EBIT MARGIN OF BETWEEN
8 - 9%
AND AN EBITDA MARGIN OF OVER 15%.

Source text for Eikon:  ID:nEQ5XgQ6Ta 
Further company coverage:  PMAG.VI 

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