PIERER Mobility AG, AT0000KTMI02

PIERER Mobility AG, AT0000KTMI02

29.08.2022 - 17:49:12

EQS-Adhoc: PIERER Mobility AG: Increase of the revenue forecast for the 2022 financial year

Ad hoc announcement pursuant to article 17 Regulation (EU) No 596/2014 (MAR)

Ad hoc announcement pursuant to article 53 LR

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Wels, 29 August 2022

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PIERER Mobility AG: Increase of the revenue forecast for the 2022 financial year

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Strong performance in the first half of 2022 and slight easing of the supply chain situation lead to an increase of the revenue forecast

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Increase of the guidance for the 2022 financial year

The Management Board announces that it is increasing the revenue forecast for the 2022 financial year published in the first quarter of 2022. The revenue forecast for the 2022 financial year is increased to a growth of 10 to 15 percent compared to the previous year (previously forecasted revenue growth for the 2022 financial year: 6 to 10 percent).

Based on the good performance in the first half of the year, the Management Board expects the strong business development to continue in the second half of 2022. This expectation is supported, among other things, by a slight easing of the supply chain situation in the second half of 2022.

The forecasts for the EBIT margin of 8 to 10 percent and an EBITDA margin between 15 and 17 percent are confirmed.

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Contact:

Investor Relations

Melinda Bus?n? Bell?r

Tel: +43 1 533 1 433 - 70

Email: ir@pierermobility.com

Website: www.pierermobility.com

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ISIN: AT0000KTMI02; Swiss Valor Number (Switzerland): 41860974; Ticker Symbol: PMAG; Bloomberg: PMAG SE, PMAG GY; Reuters: PMAG.S

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29-Aug-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com

Language: English Company: PIERER Mobility AG Edisonstrasse 1 4600 Wels

Austria Phone: +43 (0) 7242 69 402 E-mail: ir@pierermobility.com Internet: www.pierermobility.com ISIN: AT0000KTMI02 WKN: A2JKHY Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; SIX, Vienna Stock Exchange EQS News ID: 1430485 Valorennummer (Schweiz): 41860974 Wertpapierk?rzel: PMAG, Bloomberg: PMAG SE, PMAG GY Reuters: PMAG.S ? End of Announcement EQS News Service

1430485??29-Aug-2022?CET/CEST

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