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Latest Press & Ad hoc News

Wednesday August 06, 2014

Grammer with higher revenue and earnings in the first half of 2014

Increase in revenue to EUR 669.6 million in the first half of 2014Rise in operating profit (EBIT) to EUR 30.9 million despite heavy up-front costs for optimization and growth projectsDisproportionately sharp increase in net profit after tax to EUR...

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Tuesday July 01, 2014

Grammer expanding production in Brazil and producing locally for the passenger car market for the first time

Amberg, July 1, 2014 – With large expansion activities, the Grammer Group has substantially increased its production capacity in Brazil and has now established new manufacturing capacities for headrests for the local passenger car market. The total...

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Wednesday May 28, 2014

Grammer AG: increase in dividend to EUR 0.65 per share approved

Amberg, May 28, 2014 – At Grammer AG’s annual general meeting, the shareholders approved the proposal of the Executive Board and the Supervisory Board, passing a resolution to adopt an increased dividend of EUR 0.65 per share. This translates into...

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Thursday May 22, 2014

Grammer Presents World’s First Complete System Comprising a Seat and Multifunctional Armrest

Amberg, Germany / May 22, 2014 - Thanks to a newly developed multifunctional armrest, Grammer AG is the world’s only supplier of complete driver seat systems with integrated electronic control elements. They are mainly appropriate for offroad...

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Wednesday May 07, 2014

Grammer AG confirms successful growth trend in the first quarter of 2014

-7.3 percent increase in consolidated revenue to EUR 330.8 million-Rise in operating earnings (EBIT) to EUR 14.8 million-Improvement in net profit after tax for the quarter of EUR 8.5 millionAmberg, May 7, 2014 – At the end of the first quarter of...

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Monday March 31, 2014

Grammer with new record results again in 2013

Revenue of EUR 1.266 billion 12 percent  up on the previous year’s record Disproportionately rise in EBIT to EUR 58.0 million despite heavy up-front efforts Net profit after tax of EUR 29.6 million 30 percent increase in dividend to EUR 0.65...

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Thursday February 20, 2014

Grammer AG with new record in 2013

12 percent revenue growth to EUR 1.265 billionEBIT disproportionately improved despite intensive up-front effortsEBIT margin increased to 4.6 percent Amberg, February 20, 2014 - In 2013 fiscal year Grammer AG was able to once again substantially...

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Thursday January 30, 2014

Grammer AG Establishes New US Production Site

New U.S. headquarters in Lee County, MississippiImportant milestone in Grammer’s global growth strategyLee County, MS, USA / Amberg, Germany, January 30, 2014 — Grammer AG, leading specialist in seating systems and components for car interiors is...

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Wednesday December 11, 2013

AGCO Group honors Grammer AG

AGCO honors Grammer with the EAME Supplier of the Year Award in the Logistics category Amberg, Germany / December 11, 2013 - The AGCO Group, one of the world’s largest manufacturers of agricultural machinery, invited its suppliers to the annual...

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Monday November 11, 2013

Grammer AG with strong increase in revenues and earnings

Revenues in first nine months up 12.0 % to EUR 952.9 millionEBIT grows even faster, up 22.7 % to EUR 43.3 millionProfit after tax up 24.5 % to EUR 23.9 millionAmberg / Germany, November 11, 2013 — Grammer AG, leading specialist in seating systems...

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Thursday November 07, 2013

Grammer renewing major credit facility ahead of schedule

Five-year credit facility agreement signedLine of credit increased by more than 60% to EUR 180 million Amberg, November 7, 2013 - Grammer AG has placed its group finance on a solid long-term footing with a new syndicated loan. A credit facility...

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Tuesday October 15, 2013

Grammer Fosters Talented Young German Athletes

Grammer AG supports the “Sprungbrett Zukunft” Initiative of Deutsche SporthilfeAmberg, October 15, 2013 – Deutsche Sporthilfe, a German foundation devoted to promoting sports, is working with Grammer AG and other companies to back leading German...

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Tuesday October 08, 2013

Ausbildung bei Grammer - Investition in die Zukunft

„Tag der offenen Ausbildung“ am 11.10.2013 in Kümmersbruck Amberg, 08. Oktober 2013 - Die qualifizierte Ausbildung junger Menschen wird bei der Grammer AG seit vielen Jahrzehnten groß geschrieben. Für das Unternehmen ist die Ausbildung eigener...

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Wednesday August 07, 2013

Grammer reporting substantial increase in growth and profitability in the first half of 2013

13.3 % increase in revenue to EUR 642.5 million in the first halfImprovement in the EBIT margin to 4.7 %Disproportionately rise in net profit by 30.1 % to EUR 17.3 million Amberg, August 7, 2013 – With a substantial increase in Group revenue and...

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Wednesday June 05, 2013

Grammer AG Annual General Meeting resolves to pay a dividend of EUR 0.50 per share

Amberg, June 05, 2013 – At the Grammer AG ordinary Annual General Meeting today, shareholders voted in favor of a dividend of EUR 0.50 per share for the 2012 fiscal year. The increase of the profit distribution is substantially higher than the...

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Wednesday May 15, 2013

Grammer AG places debenture bond with a total volume of EUR 90 million

New issue replaces debenture bond issued in 2006 High rate of oversubscription underlines the finacial solidityof Grammer GroupAmberg, May 15, 2013 – Grammer AG has successfully issued a debenture bond with a total volume of EUR 90 million. The...

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Wednesday May 08, 2013

Group revenue and operating profit in first quarter improves significantly over prior-year

Group revenue in Q1 up 9.1 percent to EUR 308.4 million EBIT and EBIT margin improve year-over-year Continued high order volumes in both divisions Amberg, May 08, 2013 – With revenue growth of 9.1 percent year-over-year, Grammer Group is off to...

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Wednesday March 27, 2013

Grammer continues to grow in difficult market environment

Group revenue sets a new record at EUR 1.144 billion Net income up 10 percent Strong cash flow and significant reduction of net debt Dividend proposal of EUR 0.50 per share Amberg, March 27, 2013 – Grammer Group underscores its growth...

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Wednesday March 13, 2013

Grammer Expands Production in China Further

 New plant combines existing activities at Changchun site Additional front-end plant in Beijing for new center console orders Expansion reflects positive development of business in China Amberg (Germany) / Changchun (China), March 13, 2013 –...

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Thursday February 21, 2013

Takeover of headrest manufacturer Nectec by Grammer AG approved and completed

Acquisition strengthens leading position in headrest market Expanded range of innovative products and designs Amberg, February 21, 2013 – The takeover of Czech Republic-based Nectec Automotive s.r.o. by Grammer AG has been completed following...

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