EQS-Adhoc: Bajaj Mobility AG (formerly PIERER Mobility AG): Continuation of consistent restructuring
EQS-Ad-hoc: Bajaj Mobility AG / Key word(s): Restructure of
Company/Restructure of Company
Bajaj Mobility AG (formerly PIERER Mobility AG): Continuation of
consistent restructuring
13-Jan-2026 / 20:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by [1]EQS News – a service of
[2]EQS Group.
The issuer is solely responsible for the content of this announcement.
══════════════════════════════════════════════════════════════════════════
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014 and Ad hoc announcements pursuant to Art. 53
LR
Bajaj Mobility AG (formerly PIERER Mobility AG): Continuation of
consistent restructuring
Mattighofen, January 13, 2026
Bajaj Mobility AG: Revenue and sales in 2025 (estimated figures)
• Revenue over EUR 1 billion (-46%)
• Motorcycle sales: 209,704 motorcycles (-28%) – positive trend in H2
• Successful reduction of inventory by more than 100,000 motorcycles
• Sales of e-bicycles and bicycles: 64,110 (-40%)
• Reduction of approximately 500 employees within the Group
Bajaj Mobility AG expects consolidated sales for the past fiscal year 2025
to be just over EUR 1 billion, marking a reduction of approximately 46%
compared to the previous year.
The Bajaj Mobility Group sold 80,464 motorcycles in the second half of
2025, representing a 60% increase on the first half of the year (H1:
50,334 units). In addition, 43,956 motorcycles (H1: 34,950 units) were
sold in H2 via strategic partner Bajaj Auto. The Group’s motorcycle sales
in fiscal year 2025 totalled 209,704 units
(-28%).
The reduction of the motorcycle inventory from 101,153 units (as of
December 31, 2024: 248,580 units compared to December 31, 2025: 147,427
units) is a significant milestone in the restructuring of KTM.
As part of the closure of the bicycle division, 64,110 e-bicycles and
bicycles were sold (previous year: 106,311).
Following the successful completion of the restructuring process in 2025,
KTM AG is initiating a global rightsizing program. The aim is to
strengthen competitiveness in the long term by reducing fixed costs,
streamlining structures, focusing the product and project portfolio, and
optimizing our international location and management network. As part of
this necessary realignment, a reduction in personnel of around 500
employees, mainly in white-collar areas and middle management, is
unavoidable. The number of employees as of December 31, 2025, was 3,794
(previous year: 5,310).
The preliminary figures for the Bajaj Mobility Group for the 2025 fiscal
year will be published on January 29, 2026.
About Bajaj Mobility AG (formerly PIERER Mobility AG)
Bajaj Mobility AG (formerly PIERER Mobility AG) is the holding company of
the KTM Group, one of Europe’s leading motorcycle manufacturers. With its
KTM, Husqvarna, and GASGAS brands, KTM AG is one of Europe’s premium
motorcycle manufacturers. In addition to motorcycles with combustion
engines, the product portfolio also includes high-end components (WP) and
vehicles with innovative electric drives.
For further information
Investor Relations
Dipl.-Ök. Stephanie Kniep
Tel: +43 664 2896931
E-Mail: [3]ir@bajajmobility.com
Website:[4] https://www.bajajmobility.com
ISIN: AT0000KTMI02; Schweizer Valorennummer (Schweiz): 41860974;
Ticker-Symbol: BMAG;
Bloomberg: PKTM SW, PKTM AV; Reuters: PKTM.S, PKTM.VI
End of Inside Information
══════════════════════════════════════════════════════════════════════════
13-Jan-2026 CET/CEST News transmitted by [5]EQS Group
View original content: [6]EQS News
══════════════════════════════════════════════════════════════════════════
Language: English
Company: Bajaj Mobility AG
Stallhofnerstraße 3
5230 Mattighofen
Austria
Phone: +43 (0) 7742-6000
Fax: +43 (0)7742-6000300
E-mail: ir@bajajmobility.com
Internet: www.bajajmobility.com
ISIN: AT0000KTMI02
WKN: A2JKHY
Listed: SIX, Vienna Stock Exchange
EQS News ID: 2259540
Valorennummer (Schweiz): 41860974 Wertpapierkürzel: BMAG Bloomberg: PKTM
SW; PKTM AV Reuters: PKTM.S; PKTM.VI
End of Announcement EQS News Service
2259540 13-Jan-2026 CET/CEST
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2259540&application_name=news&site_id=apa_ots_austria~~
References
~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f5d50dc7e8798b6eb177f7955e598e60&application_id=2259540&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
3. ir@bajajmobility.com
4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=8c3360ea46f574a45c70d663bc6469a5&application_id=2259540&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
5. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f5d50dc7e8798b6eb177f7955e598e60&application_id=2259540&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
6. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=ab844bc8069f52a9f9a7eb0f8c0e1d03&application_id=2259540&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
© Copyright APA-OTS Originaltext-Service GmbH und der jeweilige Aussender