- Further substantial increase in revenue and profitability
- 7.5 percent increase in revenue to EUR 458.0 million
- 52.0 increase in EBIT to EUR 22.5 million
- Improvement in operating EBIT margin to 5.0 percent
- Concern over future outlook for the company due to intended change of control
In the first quarter of 2017, the Grammer Group, a leading international supplier of interior components for passenger vehicles and seats for commercial vehicles, continued the encouraging revenue growth and very favorable earnings situation previously reported in 2016. In addition, an agreement was signed in February 2017 for the planned partnership with Chinese automotive
- 7.5 percent increase in revenue to EUR 458.0 million
- 52.0 increase in EBIT to EUR 22.5 million
- Improvement in operating EBIT margin to 5.0 percent
- Concern over future outlook for the company due to intended change of control
In the first quarter of 2017, the Grammer Group, a leading international supplier of interior components for passenger vehicles and seats for commercial vehicles, continued the encouraging revenue growth and very favorable earnings situation previously reported in 2016. In addition, an agreement was signed in February 2017 for the planned partnership with Chinese automotive
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