PIERER Mobility - On the road out of lockdown
PIERER Mobility has announced that it is seeing encouraging strength in several major markets as it emerges from the constrained environment of lockdowns. It is seeing share gains in the US motorcycle market, as well as strong demand for e-bike demand across its main European market. It has returned to full production following the production halt in Austria and is increasing staff numbers to meet the stronger demand. We maintain our forecast for now given continuing uncertainty, but the news of improving demand seems encouraging for the path to financial recovery.KTM Industries AG. CROSS Industries AG is an Austria-based company that automotive company that focuses on niche markets in the vehicle, high performance and lightweight areas. It operates through three segments: KTM, PANKL and WP. In the KTM segment, the Company focuses on the development, production and distribution of motorized leisure devices (power sports), primarily under the brands KTM and Husqvarna. The PANKL segment specializes in the production of lightweight components for niche markets, such as the international racing industry, as well as the international luxury and high performance street vehicle industry. The WP segment develops produces and distributes suspension elements, frames, radiators and exhaust systems.
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