Capital DilutionPierer Mobility is planning to raise €350m of fresh capital which may dilute existing share value.
Financial DemandsAn amount of €150-200m was required for the production ramp up, indicating significant financial demands on the company.
Financial PerformancePiere Mobility's preliminary 2H/FY24 print was heavily impacted by weaker than expected demand, as had been previously reported, as well as one-off restructuring measures and impairments on intangibles.
Operational ChallengesSignificant downsizing of the group is necessary for PKTM's survival, including the reduction of excess inventories at KTM and its dealers over the next two years.