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Grammer AG Grammer-Allee 2 92289 Ursensollen, Germany http://www.grammer.com
Contact Ms Gabriele Reitzig +49 9621 661575
Company logo of Grammer AG
Grammer AG

Good Start to 2023 Financial Year for GRAMMER AG

(PresseBox) (Ursensollen, )
.
- Significant 14.4% revenue upturn for GRAMMER Group to EUR 589.1 million;
- All regions contribute to growth; highest revenue increase in APAC region (+31.8%)
- Both divisions report double-digit revenue growth: Automotive +14.7% to EUR 371.9 million; Commercial Vehicles +13.8% to EUR 217.2 million
- Operating EBIT well into positive territory at EUR 13.9 million after EUR -2.5 million in previous year
- Outlook for 2023 as a whole confirmed, with Group revenue of around EUR 2.2 billion and operating EBIT of around EUR 70 million; far stronger second half expected once again

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.