EQS-Adhoc: Bajaj Mobility AG: Results of the First Half of 2026

EQS-Ad-hoc: Bajaj Mobility AG / Key word(s): Half Year Results/Half Year
   Results
   Bajaj Mobility AG: Results of the First Half of 2026

   27-Aug-2026 / 06:40 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.

   ══════════════════════════════════════════════════════════════════════════

   Ad hoc notification pursuant to Article 17 Regulation (EU) No 596/2014
   (MAR)

   Ad hoc announcement pursuant to Art. 53 LR           

    

   Bajaj Mobility AG: Results of the First Half of 2026

    

     • Group revenue increased to EUR 701.4 mn (+65.0% vs. H1/25)
     • Motorcycle revenue^1:^improved to EUR 579.6 mn (+109.1% vs. H1/25)
     • Motorcycle sales^1: 89,004 motorcycles sold
     • Fixed costs reduced by EUR 65.8 mn in the first half of the year^2
     • Positive EBITDA of EUR 37.6 mn; EBITDA margin 5.4%
     • EBIT improved by EUR 166.0 mn in Q2/26 (vs. Q2/25)^2 - becoming
       positive for the first time since the conclusion of the restructuring
       proceedings

    

   Mattighofen, August 27, 2026

    

   Bajaj Mobility AG continued its operational recovery in the first half of
   2026, achieving a significant improvement in key financial metrics
   compared to the prior-year period. Group revenue increased by 65.0% to EUR
   701.4 mn (thereof EUR 370.2 mn in Q2/26) from EUR 425.2 mn in H1/25
   (thereof EUR 230.6 mn in Q2/25). Motorcycle revenue from the KTM,
   Husqvarna and GASGAS brands rose by 109.1% to EUR 579.6 mn (thereof EUR
   307.3 mn in Q2/26, compared to EUR 141.3 mn in Q2/25). Corresponding
   motorcycle sales increased by 91.9% to 89,004 units (thereof 48,672 units
   in Q2/26, compared to 28,471 units in Q2/25). In addition, 58,568
   motorcycles were sold in India by Bajaj Auto Ltd. As a result, a total of
   147,572 motorcycles were sold worldwide in the first half of the year.

    

   EBITDA improved in H1/26 to EUR 37.6 mn, up from EUR -183.3 mn^2 in the
   prior-year period. The EBITDA margin stood at 5.4% in H1/26. EBIT improved
   in H1/26 to EUR -24.8 mn, up from EUR -256.3 mn^2 in H1/25. In Q2/26,
   EBITDA amounted to EUR 32.0 mn; EBITDA margin improved to 8.7%. EBIT
   improved in the second quarter of 2026 by EUR 166.0 mn, from EUR -164.7
   mn^2 in Q2/25 to EUR 1.3 mn and was positive for the first time since the
   conclusion of the insolvency-related restructuring proceedings.

    

   Free cash flow improved in the first half of 2026 to EUR -22.1 mn, up from
   EUR -38.5 mn in H1/25. Equity amounts to EUR 339.9 mn, with an equity
   ratio of 21.5%.

    

   Worldwide motorcycle inventory levels across the Group and its dealers
   were reduced by a total of 10,190 units since the beginning of the year,
   bringing inventories to a stable level.

    

   In addition, the refinancing of the 100%-owned subsidiary KTM AG over EUR
   550 mn strengthened the Group's financial foundation and reduced the
   ongoing interest burden in the second quarter.

    

   The 2026 Half-Year Financial Report is available on the company's website
   at the following link:

   [3]https://www.bajajmobility.com/en/investor-relations/publications

    

   About Bajaj Mobility AG (formerly PIERER Mobility AG)

   Bajaj Mobility AG (formerly PIERER Mobility AG) is a global leader in
   premium motorcycles and the listed subsidiary of Bajaj Auto Limited, the
   world’s most valuable two‑ and three‑wheeler company. As the holding
   company of KTM AG, Bajaj Mobility AG brings together some of the most
   iconic and performance‑driven brands in the global motorcycle industry –
   KTM, Husqvarna Motorcycles and GASGAS. Headquartered in Austria, the
   company represents a pinnacle of European engineering excellence across
   high‑performance racing motorcycles, street and offroad bikes, and
   travel‑oriented models, complemented by premium WP components. With an
   established presence across these segments and a trusted rider base in
   more than 70 countries, Bajaj Mobility AG is recognized for its innovative
   engineering and strong product portfolio. Through its parent Bajaj Auto
   Limited, the group benefits from extensive technological expertise and a
   worldwide distribution network, enabling decisive execution and long‑term
   value creation. Together, the group continues to set benchmarks in
   performance, quality, and global reach across the international motorcycle
   industry.

    

   For further information

   Investor Relations

   Mag. Christoph Brennsteiner, MBA

   Tel: +43 676 7912567

   Email: [4][email protected]

   Website: www.bajajmobility.com

   ISIN: AT0000KTMI02; Swiss Valor Number (Switzerland): 41860974;
   Ticker-Symbol: BMAG; Bloomberg: BMAG SW, BMAG AV; Reuters: BMAG.S, BMAG.VI

    

      

   [5]^[1] Of the KTM, Husqvarna, and GASGAS brands

   [6]^[2] Excl. restructuring gain of EUR 1,187 mn

   End of Inside Information

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   27-Aug-2026 CET/CEST News transmitted by [7]EQS Group

   View original content: [8]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:      [email protected]
   Internet:    www.bajajmobility.com
   ISIN:        AT0000KTMI02
   WKN:         A2JKHY
   Listed:      SIX, Vienna Stock Exchange
   LEI Code:    5299008TBI1EUJJSWP89
   EQS News ID: 2389350

   Valorennummer (Schweiz): 41860974 Wertpapierkürzel: BMAG Bloomberg: PKTM
   SW; PKTM AV Reuters: PKTM.S; PKTM.VI

    
   End of Announcement EQS News Service


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