Brief: Pierer Mobility AG Positive Outlook For 2Nd Half 2020

Bajaj Mobility AG

22/07/2020 06:08

July 22 (Reuters) - PIERER MOBILITY AG  PMAG.VI :
    * POSITIVE OUTLOOK FOR 2ND HALF 2020
    * EXPECTS H1 SALES OF EUR 600 MILLION (FIRST HALF 2019: EUR
754.9
MILLION)
    * IN FIRST HALF OF YEAR SEES POSITIVE EBIT OF EUR 1.7
MILLION
(FIRST HALF 2019: EUR 46.6 MILLION)
    * DUE TO STRONG GLOBAL DEMAND, GROUP EXPECTS SALES TO
INCREASE TO
MORE THAN EUR 800 MILLION IN SECOND HALF OF 2020
    * ANNUAL SALES FOR 2020 ARE EXPECTED TO EXCEED EUR 1,400
MILLION
(FY 2019: EUR 1,520.1 MILLION)

Source text for Eikon:  ID:nEQ9n4v92a 
Further company coverage:  PMAG.VI 

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