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Pierer Mobility expects a record year in 2022

Pierer Mobility expects a record year in 2022

The company announced in a press release that the EBIT margin was between 9 and 10 percent. According to Pierer Mobility, 375,612 motorcycles were sold in the past financial year. This corresponds to an increase of 13 percent. Around 130,000 motorcycles were sold in Europe. Around 245,000 motorcycles were sold primarily to North America, India and Australia. And with 118,427 e-bikes and bicycles, 15 percent more were sold than in the previous year.

But the outlook for the current financial year is also positive: the Management Board expects an EBIT margin of 8 to 10 percent and sales growth of 6 to 10 percent. The preliminary key figures of the PIERER Mobility Group for the 2022 financial year will be published on January 31, 2023.

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Source: Nachrichten

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