Debt IncreaseThe massive increase of net debt from EUR 776m at the end of FY-23 to EUR 1,469m, triggered by further support of its dealer network, was the main negative.
Financial HealthThe FY-24 net loss is expected to be in the very high three-digit million range, due to significant write-downs, which will wipe out PKTM's equity capital.
Market PerformanceMarket development below expectations in H2-24, with the US motorcycle market declining and the European market losing momentum.