PIERER Mobility AG provided earnings guidance for the first half of 2020 and reaffirms revenue guidance for the full year of 2020. Due to the strong global demand, the group expects an increase in revenue to more than EUR 800 million in the second half of 2020. The annual revenue for the 2020 financial year announced on 22 July 2020 is confirmed and is expected to exceed EUR 1,400 million, with the e-bicycle division already contributing sales of more than EUR 110 million.