- Effects of coronavirus have an adverse impact on revenues and earnings in the first quarter
- Decline in global vehicle production in both segments leads to reduced revenues and earnings in 2020
- First measures of the efficiency enhancement program implemented
- Reduced dividend proposal to strengthen equity
The decrease in demand in the automotive sector and an ongoing difficult economic climate in the commercial vehicle sector are having a visible effect on automotive supplier Grammer at the beginning of 2020. As a result of the coronavirus outbreak, customers in China were forced to stop production for several weeks from the end
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