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Grammer AG Grammer-Allee 2 92289 Ursensollen, Germany http://www.grammer.com
Contact Ms Tanja Bücherl +49 9621 662113
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Grammer AG

GRAMMER AG: Revenue and earnings development in the first quarter of 2023 significantly above previous year's level

Release of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014 GRAMMER AG (WKN 589540, ISIN DE0005895403)

(PresseBox) (Ursensollen, )
Based on preliminary figures, GRAMMER AG is reporting revenue and earnings development in the first quarter of 2023 that is significantly above the previous year's level. Accordingly, Group revenue in the past quarter was around EUR 589 million (Q1 2022: EUR 515.0 million), earnings before interest and taxes (EBIT) were around EUR 11.7 million (Q1 2022: EUR -1.2 million) and operating EBIT was around EUR 14 million (Q1 2022: EUR -2.5 million).

All regions contribute to the improvement in revenue and earnings. In particular, stable results were achieved again in APAC, after the region had been heavily impacted by COVID-19-related
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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.