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PIERER Mobility AG Delays 2024 Financial Report Amid Restructuring

PIERER Mobility AG has postponed the release of its 2024 annual financial report, initially scheduled for late April 2025, to May 30, 2025. This delay is due to ongoing investor negotiations necessary to finance KTM Group's restructuring, requiring around EUR 600 million. PIERER Mobility is finalizing talks with equity and debt investors to secure these funds, crucial for maintaining KTM AG's operations and confirming its going concern status.

Despite the report's postponement, the company promises to share additional preliminary financial figures by the end of April 2025. The ongoing financial discussions have also prompted adjustments to the upcoming Extraordinary General Meeting's agenda, removing planned capital increases.

R. H.

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