{
PIERER Mobility AG

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2025-04-232025-04-231111100
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2025-04-232025-04-231111100
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pierer mobility delays financial report amid restructuring efforts and investor negotiations

Pierer Mobility is delaying its 2024 financial report due to unresolved accounting issues related to its going concern assumption, with a new publication date set for May 30, 2025. The company is also withdrawing proposed capital measures for an Extraordinary General Meeting as it seeks alternative financing solutions for a €600 million restructuring plan.Frequentis has secured a contract to deliver an integrated operations and control center system for the Bavarian state police, enhancing emergency call processing and police operations management. Meanwhile, Raiffeisen banks are partnering to establish a network of regional energy cells in Austria, with a community hub set to launch in May 2025.
boerse-social.com
Euro PIERER Mobility AG T-Systems Information Services GmbH Siemens AG AMAG Austria Metall AG Frequentis AG AUT Show more
Finance & Economy, Market Report
12:45 23.04.2025

Swiss stock market ends week positively amid mixed economic signals

The Swiss stock market closed positively on Friday, with the SMI rising 0.46% to 11,762.20 points, buoyed by Wall Street's gains. In the Eurozone, inflation increased to 2.3% in November, while Switzerland's GDP grew by 0.2%. Notable stock movements included ABB (+1.6%) and SIG Group (-1.5%).
agefi.com
Swiss Franc Euro United States Dollar Swisscom AG PIERER Mobility AG Novartis AG The Swatch Group AG RICHEMONT, Intellectual Property Services Cicor Bank of America Corporation UBS ABB Ltd Dottikon ES Holding AG Hoffmann-La Roche AG Lonza Group AG Julius Bär SIG Group AG Sandoz Group AG Nestlé S.A. CHE Laurent Perves Jérôme Lambert Louis Ferla Show more
TradFi, Market Report
18:02 29.11.2024

pierer mobility shares fall as ktm unit files for insolvency

Shares of Pierer Mobility AG plummeted after its KTM AG motorbike unit announced plans for self-administered insolvency in Austria. The company faces a significant financing shortfall, estimated in the "very high three-digit million euro" range, and aims to negotiate a reorganization with creditors within the next 90 days.
bloomberg.com
Euro PIERER Mobility AG KTM AG AUT
Finance & Economy, News Article
16:20 26.11.2024

pierer mobility shares plunge as ktm unit files for insolvency

Shares of Pierer Mobility AG plummeted 45% to 6.9 Swiss francs after its KTM AG unit filed for self-administered insolvency in Austria, citing an inability to meet a significant financing requirement. The company plans to negotiate a reorganization with creditors over the next 90 days, amid a broader industrial crisis and declining motorbike demand in Europe. Production will be restructured, with a reduction in output from Austrian sites projected to exceed €1 billion over the next two years.
SWI swissinfo.ch
Euro Swiss Franc Bajaj Auto Limited PIERER Mobility AG KTM AG Pierer Industrie AG AUT Stefan Pierer Show more
Finance & Economy, Market Report
16:20 26.11.2024
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