Debt LevelsThe massive increase of net debt from EUR 776m at the end of FY-23 to EUR 1,469m, triggered by further support of its dealer network, was the main negative.
Financial PerformanceH1-24 results significantly missed market expectations (-16% on sales, -170% on EBIT and -86% on group profit level).
Market ConditionsMomentum in PIERER Mobility's core motorbike markets in the US and Europe has slowed significantly.