EQS-News: PIERER MOBILITY AG (to be renamed soon to Bajaj Mobility AG): Sale of FELT Bicycles to minority shareholders marks next success in restructuring
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EQS-News: PIERER Mobility AG
/ Key word(s): Miscellaneous/Miscellaneous
Corporate News
Wels, 21st November 2025
PIERER MOBILITY AG (to be renamed soon to Bajaj Mobility AG): Sale of FELT Bicycles to minority shareholders marks next success in restructuring Wels, November 21st, 2025. With the sale of FELT Bicycles, PIERER Mobility AG (to be renamed soon to Bajaj Mobility AG) is concluding its operational involvement in the bicycle sector. This marks another milestone in the company's focus on the motorcycles segment. The new full owners, Florian Burguet and Cesar Rojo, have been managing directors and minority shareholders of FELT since 2023. They will continue to operate the FELT brand globally and run the two main FELT companies in Spain and North America. In recent months, significant milestones in the Group's realignment have already been achieved, Including the termination of CFMOTO sales and the sale of MV Agusta and X-Bow. In recent months, significant milestones in the Group's realignment have already been achieved, Including the termination of CFMOTO sales and the sale of MV Agusta and X-Bow. Going forward, the motorcycle portfolio will be streamlined to three core brands: KTM, GASGAS, and Husqvarna. "For the motorcycle group, the big headline is simplification and focus. Simplification of processes and clear focus on the motorcycle market. The sale of FELT Bicycles is another important step in making the company leaner and future-ready. We are consistently pursuing our path to once again become one of the world's leading motorcycle manufacturers. As part of the management buyout, an experienced team is taking over FELT, and we wish them every success for the future," said Gottfried Neumeister, CEO of PIERER Mobility AG (to be renamed soon to Bajaj Mobility AG). The closing of the transaction is subject to the condition precedent of approval by the Supervisory Board and is expected to be completed before the end of the year.
About PIERER Mobility AG (to be renamed soon to Bajaj Mobility AG) PIERER Mobility AG, which will operate under the name Bajaj Mobility AG in the future, is the holding company of KTM AG, one of Europe's leading motorcycle manufacturers. With its premium brands KTM, Husqvarna, and GASGAS, KTM AG is one of Europe's technology and market leaders in the premium motorcycle segment. In addition to motorcycles with combustion engines, the product portfolio also includes high-end components (WP) and vehicles with innovative electric drives.
For further information Investor Relations Dipl.-Ök. Stephanie Kniep Tel: +43 664 2896931 E-Mail: ir@pierermobility.com Website: https://www.pierermobility.com ISIN: AT0000KTMI02; Schweizer Valorennummer (Schweiz): 41860974; Ticker-Symbol: PKTM; Bloomberg: PKTM SW, PKTM AV; Reuters: PKTM.S, PKTM.VI
21.11.2025 CET/CEST This Corporate News was distributed by EQS Group |
| 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: | 2233996 |
| Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PKTM Bloomberg: PKTM SW; PKTM AV Reuters: PKTM.S; PKTM.VI |
| End of News | EQS News Service |
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2233996 21.11.2025 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 | |
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
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| 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 |
|
Dividend '2023 in € |
Dividend '2024 in € |
Dividend '2025e in € |
Div.-Yield '2025e in % |
| 0,50 | 0,00 | 0,00 | 0,00% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 23.06.2025 | 26.08.2025 | 28.05.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| +10,57% | -1,44% | -21,57% | +46,12% | +0,00% |
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