All Husqvarna E-Bicycles articles
-
Article2024 Bicycle Industry Stock Chart: Mobility industry sees little of stock market boom
Find out why only a third of the publicly listed companies in our bicycle industry chart benefited from last year’s boom – and why almost two-thirds were left untouched by it.
-
ArticlePierer Mobility reports strong Q2, announces realignment of the bicycle division
Pierer Mobility AG released its financial results for the second quarter of 2024, highlighting continued growth across key financial metrics. The company also announced a significant strategic realignment of its bicycle division, reflecting its commitment to streamlining operations and enhancing profitability in the competitive e-mobility market Key financial highlights of ...
-
ArticlePierer Mobility announces sharpened strategy, sells non-e-bike business
The Executive Board of Pierer Mobility AG has announced its strategic decision to focus even more intensely on the core business of Powered-Two-Wheelers (PTW; motorcycles and e-bikes). One of the consequences is the sale of the non-e-bike division, which has already been initiated. In addition to the sale of the ...
-
ArticlePierer reports strong H1 sales and revenue, PTWs offset bicycle sales
Pierer Mobility AG achieved record sales of EUR 1.39 million in the first six months of the year (+20.2 percent compared to the first half of the prior year). This result is mainly due to the excellent development of the PTW (Power Two-Wheelers = motorcycles and e-bikes) business. Group-wide, around ...
-
ArticlePierer Mobility defies supply problems in H1
The half-year report presented on Aug. 30 underscores why Pierer Mobility AG had already raised its annual forecast for 2022 one day earlier via an ad hoc announcement: Despite aggravated delivery problems, the Austrian group achieved positive sales development in the first six months of the year. However, this could ...
-
ArticlePierer Mobility’s annual report confirms record growth
After the Pierer Mobility Group had already announced its first preliminary figures for fiscal 2021 and raised its sales forecast in January, the publicly listed Austrian company has now presented its final annual report, which confirms the group’s record growth in both sales and earnings. Despite the challenging situation in ...
-
ArticlePierer Mobility records strongest growth with e-bikes
According to Austrian two-wheeler specialist Pierer Mobility AG, the 2021 financial year shone with new records – so much that the board raised its sales forecast even before the publication of the preliminary key data for 2021 on Feb. 1. Previously, the publicly listed company had communicated a sales forecast ...
-
ArticlePierer Mobility on track for 11th record year in a row
The current two-wheeler boom has led to record sales of 215,646 PTWs (= “Powered Two-Wheelers” = motorcycles and pedelecs) at Austrian Pierer Mobility AG in the first half of 2021. Compared to the first six months of the previous year, this is an increase of 73 percent. The group sold ...
-
News briefs
Pierer announces further increase in revenue forecast for 2021
Driven by the high global demand for powered two-wheelers (e-bikes and also motorcycles), the executive board of Pierer Mobility AG decided on Aug. 26 to raise its sales forecast for the fiscal year, originally published in April 2021. Despite ongoing Covid-19-related supply chain challenges, the outlook remains positive. As a ...
-
ArticlePierer Mobility and Maxcom join forces for new e-bike factory
On July 21, Austria’s Pierer Mobility AG and Bulgaria’s largest bicycle manufacturer Maxcom Ltd. announced the establishment of a joint venture in which each party will hold a 50 percent stake. With an investment of €40 million, this joint venture will develop a state-of-the-art e-bike production facility in Bulgaria on ...
-
News briefsPierer Mobility reports strong two-wheeler sales in the first half of the year
With total sales of 176,045 motorcycles and 53,378 e-bikes and bicycles worldwide, Austrian two-wheeler giant Pierer Mobility AG has closed the first half of 2021 on a strong note. While the motorcycle sales under the KTM, Husqvarna and GasGas brand names almost doubled with an increase of 94.9 percent compared ...
-
News briefsPierer E-Bikes recruits two former Magura executives to its management
Source: Pierer E-Bikes GmbH Olaf Müller Pierer E-Bikes GmbH (brands GasGas Bicycles, Husqvarna E-Bicycles, R Raymon), the bicycle and e-bike subsidiary of Austrian two-wheeler specialist Pierer Mobility AG, has strengthened its management team with two former Magura managers. While Olaf Müller joins the e-bike supplier’s management team ...
-
ArticlePierer Mobility with new sales and revenue records in Q1
Listed Austrian company Pierer Mobility, a specialist in motorized two-wheelers, sold 87,197 motorcycles and 19,256 e-bikes in the first three months of the year despite global supply chain problems. The result was also driven by high global demand for individual mobility, triggered in part by Corona. Compared to the previous ...
-
News briefsPierer and Kiska set up development center for Husqvarna E-Bicycles
Europe’s leading motorcycle manufacturer Pierer Mobility, together with its young and wholly-owned e-bike division Pierer E-Bikes (brands Husqvarna E-Bicycles, GasGas and R Raymon) and Pierer Mobility’s long-time strategic brand development and design partner from Austria, Kiska, is establishing its own development & design center in Munich for its Husqvarna e-Bicycles ...
