All Pierer Mobility AG articles
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Data & Analysis
2023 Bicycle Industry Stock Chart: Bet on interest rate cut boosts year-end rally
Here you can find out why the global bicycle stock market performed better than expected last year and what the role of the selected stocks in our OIC Bicycle Stock played.
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News briefs
Pierer Mobility AG to set further turnover and sales records
According to initial preliminary figures, the Austrian two-wheeler giant Pierer Mobility AG will achieve record consolidated sales of between €2.65 and €2.670 billion in FY 2023. Compared to the previous record year 2022, this represents an increase of around 9 percent. The Pierer Mobility Group is not only reporting a ...
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Article
Pierer 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 ...
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News briefs
Pierer Mobility AG announces change of ticker symbol
The shares of the two-wheeler giant Pierer Mobility AG (brands KTM Motorrad, Husqvarna Motorcycles, GasGas as well as Felt Bicycles, Gas Gas E-Bicycles, Husqvarna E-Bicycles, etc.) will no longer be listed on the stock exchange under the ticker symbol PMAG, but under PKTM with immediate effect. The shares of the ...
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Article
Stefan Pierer now also heading Leoni AG
Shareholder Stefan Pierer wants to take over Leoni AG, the struggling supplier of wire, cable and wiring systems, and delist it. There are many signs that Leoni will then be incorporated into Pierer Industrie AG based in Welz, Austria.
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Article
MV Agusta shareholders and KTM AG inject €30 million
After listed Pierer Mobility AG officially announced on Nov. 3 that its subsidiary KTM AG (not to be confused with e-bike pioneer KTM Fahrrad GmbH) was taking a 25.1 percent stake in rival MV Agusta Motor S.p.A. as part of a capital increase, the Italians announced a €30 million capital ...
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Article
Pierer 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 ...
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Article
Pierer Mobility raises sales forecast for FY 2022
While many listed companies are lowering their sales forecasts in these troubled times, Austrian two-wheeler giant Pierer Mobility AG has just revised its sales forecast for fiscal 2022 for the better. According to an ad hoc release published on Aug. 29, good performance in the first half of 2022 and ...
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News briefs
Pierer Mobility prepares listing on prime market of Vienna Stock Exchange
Austrian two-wheeler specialist Pierer Mobility AG intends to apply for admission to trading in the top segment (Prime Market) of the Vienna Stock Exchange on March 1, 2022. This step is intended to meet the great investor interest in Austria and abroad. With sales of 332,881 motorcycles in its 2021 ...
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Article
Pierer 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 ...
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News briefs
Pierer 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 ...
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News briefs
Pierer 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 ...