EQS-Adhoc: Bajaj Mobility AG (formerly PIERER Mobility AG): Preliminary unaudited figures 2025
EQS-Ad-hoc: Bajaj Mobility AG / Key word(s): Preliminary
Results/Preliminary Results
Bajaj Mobility AG (formerly PIERER Mobility AG): Preliminary unaudited
figures 2025
29-Jan-2026 / 06:24 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.
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Ad-hoc Announcement pursuant to Article 17 of Regulation (EU) No. Nr.
596/2014 (MAR)
Ad hoc Announcement pursuant to Article 53 KR
Mattighofen, 29 January 2026
Bajaj Mobility AG (formerly PIERER Mobility AG): Preliminary unaudited
figures 2025
• Revenue EUR 1,009 million (-46 %)
• Restructuring gain of EUR 1,193 million
• EBITDA: EUR 874 million
• EBIT: EUR 748 million
• Equity: EUR 385 million
• Equity ratio increases to 24.3%
• Significant reduction of the net debt to EUR 798 million
• Employees as of 31 December 2025: 3,782
• Outlook 2026: Focus on the motorcycle core business, efficiency gains
through cost reduction, notable growth in revenue and unit sales
planned
The Bajaj Mobility AG expects consolidated revenue of EUR 1,009 million
for the 2025 financial year, representing a decrease of around 46%
compared to the previous year. This decline is mainly attributable to the
restructuring phase in the first half (H1) of 2025.
Revenue performance was accompanied by a substantial improvement in
earnings. The earnings performance of Bajaj Mobility AG was primarily
shaped by the restructuring and the global transformation initiated.
Successful completion of the restructuring proceedings of KTM AG, KTM
Components GmbH and KTM Forschungs- & Entwicklungs GmbH resulted in a
restructuring gain of EUR 1,193 million, which significantly contributed
to the result. Preliminary EBITDA amounted to EUR 874 million (previous
year: EUR -481 million), preliminary EBIT to EUR 748 million (previous
year: EUR -1,184 million). Preliminary earnings before taxes (EBT)
amounted to EUR 663 million (previous year: EUR -1,277 million).
The financial position also improved significantly. Free cash flow
improved to EUR -34 million (previous year: EUR -776 million) and was even
positive in H2. Net debt was further reduced and amounted to EUR 798
million as of 31 Dec 2025 (previous year: EUR 1.643 million). Equity was
positive again at year-end and amounted to EUR 385 million (previous year:
EUR -194 million). The equity ratio increased to 24.3% (previous year:
-8.1%).
Preliminary key figures 2025 of the Bajaj Mobility Group (consolidated):
Metrics in EUR Mio. 2024 2025 ∆ 2024/25
Earnings Figures
Revenues 1,879 1,009 -46.3%
EBITDA -481 874 N/A
EBITDA margin -25.6% 86.7%
EBIT -1,184 748 N/A
EBIT margin -63.0% 74.2%
Earnings and Cash Flow
Earnings before taxes (EBT) -1,277 663 N/A
Net Profit -1,080 590 N/A
Free Cash-Flow -776 -34 N/A
Balance Sheet Figures
Balance sheet total 2,396 1,586 -33.8%
Equity -194 385 N/A
Equity ratio -8.1% 24.3%
Net debt 1,643 798 -51.4%
Other
Investments excluding leasing 233 73 -68.6%
Number of employees (headcount) 5,310 3,782 -28.8%
For 2026, the focus will be on the consistent continuation of the
restructuring of Bajaj Mobility AG with the goal of sustainably
strengthening competitiveness. The top priority is the return to a clearly
positive cash flow. Key measures will comprise reducing fixed costs,
streamlining organizational structures, and sharpening the product and
project portfolio.
The audited annual financial report and the sustainability report for the
2025 financial year, as well as the corporate governance report, will be
available from March 26, 2026, on the company’s website
www.bajajmobility.com at the following links:
[3] https://www.bajajmobility.com/en/investor-relations/publications
[4] https://www.bajajmobility.com/en/sustainability/publications
About Bajaj Mobility AG (formerly PIERER Mobility AG)
Bajaj Mobility AG is the holding company of KTM AG, one of Europe’s
leading motorcycle manufacturers. With a strong focus on performance and
innovation, Bajaj Mobility unites the brands KTM, Husqvarna Motorcycles,
and GASGAS under one roof. This strong brand portfolio spans
high-performance racing motorcycles, versatile street and offroad bikes,
and travel-oriented models. Complementing this range are premium
components from WP, ensuring a complete offering for riders worldwide.
Through its global presence and commitment to cutting-edge technology,
Bajaj Mobility continues to set benchmarks in the international motorcycle
industry.
For further information:
Investor Relations
Dipl.-Ök. Stephanie Kniep
Phone: +43 664 2896931
E-Mail: [5]ir@bajajmobility.com
Website:[6] https://www.bajajmobility.com
ISIN: AT0000KTMI02; Schweizer Valorennummer (Schweiz): 41860974; Ticker:
BMAG; Bloomberg: BMAG SW, BMAG AV; Reuters: BMAG.S, BMAG.VI
End of Inside Information
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29-Jan-2026 CET/CEST News transmitted by [7]EQS Group
View original content: [8]EQS News
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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: 2267730
Valorennummer (Schweiz): 41860974 Wertpapierkürzel: BMAG Bloomberg: PKTM
SW; PKTM AV Reuters: PKTM.S; PKTM.VI
End of Announcement EQS News Service
2267730 29-Jan-2026 CET/CEST
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