PIERER Mobility - Proactive mitigation measures
Faced with an unprecedented set of global circumstances arising from the coronavirus pandemic, management has taken pre-emptive action with respect to potential supply chain issues. Of course, demand effects are more difficult to predict. The good news is that Stefan Pierer, the CEO, can apply his experience from managing the financial crisis, when the group saw volumes fall by around 25–30%. Any forward-looking estimates need monitoring, but we are cutting our volume expectation across the group by 15%, with a drop-through impact on EBITDA of €45m.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.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.