As a result of some premium manufacturersꞌ reticence - clearly noticeable especially in the first half-year and partly still continuing - with regard to placing new orders with Grammer AG due to the developments in the shareholders‘ structure, and in particular because of the surprising non-award of a substantial global follow-up order, Grammer AG expects to now fall well short of its planned annual target for incoming orders in the Automotive segment. Despite intensified sales activities, the lack of new-order volume can no longer be fully compensated for in the current business year. If awarded to Grammer AG, the new
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