Brief: Pierer Mobility Expects Increase In Revenue To More Than EUR 800 Mln In H2 2020

Bajaj Mobility AG

31/08/2020 05:38

Aug 31 (Reuters) - PIERER Mobility AG  PMAG.VI :
    * EXPECTS AN INCREASE IN REVENUE TO MORE THAN EUR 800
MILLION IN
THE 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
    * THE EBIT MARGIN FOR FISCAL YEAR 2020 WILL RANGE BETWEEN 4%
AND
6% OF REVENUES AND THE FREE CASH FLOW WILL EXCEED EUR 30 MILLION


Further company coverage:  PMAG.VI 

 ((Reuters.Briefs@thomsonreuters.com;))