PIERER Mobility AG: Surpassing Restructuring Milestones in H1 2025

PIERER Mobility AG has reported notable changes for the first half of 2025. Key impacts stem from the completion of restructuring proceedings within the KTM Group, realizing a restructuring profit of €1,187 million. The equity turned positive, and net debt was more than halved.

The group initiated an efficiency improvement program, including the sale of MV Agusta and KTM X-BOW, and a wind down of the bicycle business expected to complete by year-end. The production, halted during restructuring, resumed in late July.

The company saw an encouraging demand with dealers selling over 100,000 motorcycles. However, total revenue dropped by 57.8% to €425 million. Despite a strong liquidity release of €166 million from inventory reduction, revenue targets for 2025 are expected to fall short compared to 2024.