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Home Destaque Comércio

Pierer Mobility posts heavy losses in preliminary 2024 financial results

by Carl Harrison
May 1, 2025
in Destaque Comércio, noticias-de-motos, Novidades – Actualidade
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Pierer Mobility com perdas avultadas nos resultados financeiros provisórios de 2024
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Pierer Mobility AG released its preliminary financial results for 2024 this week, showing a sharp decline in revenue and projecting a negative operating result for 2025.

The publication of the full annual financial report, initially scheduled for the end of April, has been postponed – with authorisation to delay it until 31 May at the latest

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However, preliminary and provisional figures have already been disclosed, pointing to a decrease of around two percent in sales for the Pierer Mobility Group (from €2.7 billion in 2023 to €1.9 billion in 2024).

A total of 292,497 motorcycles were sold – around 21% fewer than the previous year – with the vast majority in the European market, followed by North America, India, and Indonesia.

The operating result (EBIT, EBITDA) will be ‘clearly negative’ due to a significant drop in operational performance and restructuring costs. Net debt rose to €1.643 billion as of 31 December 2024.

Meanwhile, equity fell from €909.3 million to a negative €199.1 million. Following several layoffs, the workforce dropped from 6,184 employees in 2023 to 5,310 in 2024 – a 14.1% decrease.

On the other hand, if the restructuring plans of KTM AG, KTM Components GmbH, and KTM Forschung & Entwicklungs GmbH are fulfilled, ‘a high restructuring profit’ is expected. Nonetheless, Pierer Mobility AG anticipates a negative operating result for the 2025 financial year, considering the macroeconomic environment, ongoing group restructuring, and the gradual production recovery that began in March.

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