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Tuesday 12 March 2024

PIERER Mobility

PIERER Mobility - Record Turnover and Sales in 2023

PIERER Mobility AG, the parent company of KTM, Husqvarna, GasGas, and by the spring of 2026, the full owner of MV Agusta, has announced provisional turnover figures for 2023 of between € 2,650m and € 2,670m (+9%).

This is for KTM, Husqvarna and GasGas only at this stage, and represents record unit sales of 381,634 motorcycles (+2%) and 157,358 e-bicycles and bicycles (+33%).

Also expected to be a record, PIERER Mobility says it expects consolidated sales revenue of between € 2,650m and € 2,670m for the 2023 financial year, which represents an increase of around +9% compared to the previous year.

Of the 381,634 units sold, European sales totalled some 140,000 motorcycles with around two thirds of motorcycles (some 240,000 units) sold in markets outside Europe - particularly in North America, India and Australia.

The Bicycle Division also increased sales by around +33% and sold 157,358 e-bicycles and bicycles (previous year: 118,465).