Michael Mubiru (Edison, Investor Relations) speaks to Stefan Pierer, CEO of PIERER Mobility (PMAG). They discuss the impact of coronavirus on demand across the company’s internationally diversified customer base, as well as PMAG’s combat strategy and its financial position going into the crisis.
On 1 April 2020, PMAG announced that in order to support the dealer network, it would not be paying dividends for FY19.
PIERER Mobility (previously KTM Industries) is a leading manufacturer of powered two-wheelers, focusing on premium motorcycles and two-wheeled electric vehicles. With its well-known brands – KTM, Husqvarna and GasGas – it is the largest sports motorcycle manufacturer in Europe.