Brief: Pierer Mobility Expects H2 Revenue Up To More Than EUR 800 Mln

Bajaj Mobility AG

31/08/2020 05:38

Aug 31 (Reuters) - PIERER MOBILITY AG  PMAG.VI :
    * GUIDANCE FOR 2020  - OPTIMISTIC OUTLOOK FOR THE SECOND
HALF OF
2020
    * EXPECTS AN INCREASE IN REVENUE TO MORE THAN EUR 800
MILLION IN
SECOND HALF OF 2020
    * ANNUAL REVENUE FOR 2020 FINANCIAL YEAR ANNOUNCED ON 22
JULY 2020
IS CONFIRMED AND IS EXPECTED TO EXCEED EUR 1,400 MILLION (FY
2019: EUR 1,520.1 MILLION)
    * EBIT MARGIN FOR FISCAL YEAR 2020 WILL RANGE BETWEEN 4% AND
6% OF
REVENUES AND FREE CASH FLOW WILL EXCEED EUR 30 MILLION

Source text for Eikon:  ID:nEQ3rsJ0ra 
Further company coverage:  PMAG.VI 

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