PIERER Mobility AG
ISIN: AT0000KTMI02
WKN: A2JKHY
20 November 2025 07:11PM

EQS-Adhoc: PIERER Mobility AG (to be renamed soon to Bajaj Mobility AG): Sale of FELT Bicycles to minority shareholders

PIERER Mobility AG · ISIN: AT0000KTMI02 · EQS - adhoc news
Country: Austria · Primary market: Austria · EQS NID: 2233768

EQS-Ad-hoc: PIERER Mobility AG / Key word(s): Miscellaneous/Miscellaneous
PIERER Mobility AG (to be renamed soon to Bajaj Mobility AG): Sale of FELT Bicycles to minority shareholders

20-Nov-2025 / 19:11 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.


Ad hoc notification pursuant to Article 17 Regulation (EU) No 596/2014 (MAR)

Ad hoc announcement pursuant to Art. 53 LR

 

Wels, November 20, 2025

PIERER Mobility AG (to be renamed soon to Bajaj Mobility AG): Sale of FELT Bicycles to minority shareholders

 

  • Focus on the Motorcycles segment

 

The PIERER Mobility Group, which will soon be renamed to Bajaj Mobility AG, is ending its operational involvement in the bicycle sector with the sale of Felt Bicycles. The new owners, Florian Burguet and Cesar Rojo, have been managing directors and minority shareholders of FELT since 2023 and will continue to run the two companies in Spain and North America, including the brand, independently. The purchase price is in the mid-single-digit million range. The closing of the transaction is subject to the approval by the Supervisory Board and is expected to be completed before the end of the year.

 

This marks the next milestone in the focus on the Motorcycles segment. The motorcycle portfolio of the Group will in future comprise the three core brands KTM, GasGas, and Husqvarna.

 

Legal notice

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE OR A SOLICITATION OF AN OFFER TO PURCHASE SECURITIES OF PIERER MOBILITY AG. IT IS NOT FOR DISTRIBUTION, TRANSMISSION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.

 

 

For further information:

Investor Relations

Stephanie Kniep

Tel: +43 664 2896931

Email: ir@pierermobility.com

Website: https://www.pierermobility.com

ISIN: AT0000KTMI02; Swiss Valor Number (Switzerland): 41860974; Ticker Symbol: PKTM; Bloomberg: PKTM SW, PKTM AV; Reuters: PKTM.S, PKTM.VI

 



End of Inside Information

20-Nov-2025 CET/CEST News transmitted by EQS Group

View original content: EQS News


Language: English
Company: PIERER Mobility AG
Edisonstrasse 1
4600 Wels
Austria
Phone: +43 (0) 7242 69 402
E-mail: ir@pierermobility.com
Internet: www.pierermobility.com
ISIN: AT0000KTMI02
WKN: A2JKHY
Listed: SIX, Vienna Stock Exchange
EQS News ID: 2233768

Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PKTM Bloomberg: PKTM SW; PKTM AV Reuters: PKTM.S; PKTM.VI
 
End of Announcement EQS News Service

2233768  20-Nov-2025 CET/CEST

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2019 2020 2021 2022 2023 2024 2025e
Sales1 1.520,14 1.530,38 2.041,73 2.437,20 2.661,21 1.879,02 0,00
EBITDA1,2 240,79 233,53 332,20 381,10 323,53 -480,78 0,00
EBITDA-Margin3 15,84 15,26 16,27 15,64 12,16 -25,59 0,00
EBIT1,4 131,71 107,24 193,49 235,25 160,02 -1.184,22 0,00
EBIT-Margin5 8,66 7,01 9,48 9,65 6,01 -63,02 0,00
Net Profit (Loss)1 95,71 69,46 142,87 170,62 76,41 -1.079,91 0,00
Net-Margin6 6,30 4,54 7,00 7,00 2,87 -57,47 0,00
Cashflow1,7 257,38 312,82 367,36 280,34 -110,85 -435,96 0,00
Earnings per share8 2,42 1,56 3,34 5,03 2,37 -29,30 -1,70
Dividend per share8 0,00 0,50 1,00 2,00 0,50 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: KPMG

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Bajaj Mobility
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2JKHY AT0000KTMI02 AG 548,18 Mio € Halten 8FWM35W5+Q7
* * *
PE 2026e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
54,07 24,33 2,22 -6,49 -2,79 -1,26 0,29
Dividends
Dividend '2023
in €
Dividend '2024
in €
Dividend '2025e
in €
Div.-Yield '2025e
in %
0,50 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
23.06.2025 26.08.2025 28.05.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,93%
16,22 €
ATH 353,10 €
+10,57% -1,44% -20,49% +37,46% +0,00%

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