Financial News

04/28/2021

GRAMMER AG continues positive business trend in first quarter of 2021

-Revenue and earnings performance benefited in first quarter from improved markets in EMEA and APAC as well as from dynamic sales in Commercial Vehicles -GRAMMER Group revenue rose by 10.7% to EUR 503.7 million -Operating EBIT increased…

Read more
04/20/2021

Auto Shanghai 2021: Grammer unveils smart interior innovations for premium automobiles

-Grammer continues to consistently expand its presence in China -Pure concept presents interior ideas for future usage scenarios -Clear positioning as innovative development partner for Chinese customers

Read more
04/14/2021

Grammer establishes joint venture with FAW: Premium commercial vehicle seats for China

-With new partnership, Grammer executes its growth strategy for the world's largest commercial vehicle market -Continuing trend towards modern, ergonomic, driver seats -Company increases expansion of local production network for truck…

Read more
03/31/2021

GRAMMER AG starts the new year with confidence after significant recovery in the second half of 2020

GRAMMER AG starts the new year with confidence after significant recovery in the second half of 2020  - Full-year revenue of 1.7 billion euros in 2020  - Operating EBIT of 34.0 million euros in the second half of 2020 after -45.7 million…

Read more
10/29/2020

Grammer AG: Positive operating performance with improved markets in the third quarter of 2020

Grammer AG: Positive operating performance with improved markets in the third quarter of 2020  -Revenue and earnings benefiting from improved markets and strict cost management in the third quarter  -Group revenue at 461.7 million euros…

Read more
08/13/2020

Grammer AG: First half of 2020 significantly impacted by the effects of the COVID-19 pandemic

Grammer AG: First half of 2020 significantly impacted by the effects of the COVID-19 pandemic -Group revenue declines by 30 percent to 735.8 million euros in the first six month -EBIT impacted by one-time effects amounting to -24.2 million…

Read more
07/09/2020

GRAMMER AG Annual General Meeting elects new Supervisory Board

-Resolution passed at the Annual General Meeting to suspend the dividend for the financial year 2019  -New authorized capital created by the Annual General Meeting  -Alfred Weber taking over as Chairman of the Supervisory Board Ursensoll…

Read more
06/09/2020

Grammer invites to virtual Annual General Meeting

Grammer invites to virtual Annual General Meeting -Annual General Meeting on July 08, 2020 in virtual form for the first time -The regular period of office of the six shareholder representatives on the Supervisory Board expiring at the end…

Read more
04/29/2020

Covid-19 Pandemic Significantly Impacts Grammer’s Revenue and Earnings

Covid-19 Pandemic Significantly Impacts Grammer’s Revenue and Earnings -Effects of the Covid-19 pandemic negatively impact revenue and earnings in the first quarter -Collapse in demand of customers and production restrictions lead to…

Read more
03/30/2020

Grammer confirms preliminary figures for 2019 and expects a significant slowdown in 2020

Grammer confirms preliminary figures for 2019 and expects a significant slowdown in 2020 -Positive revenue development in both segments based on a strong first half of 2019 -Group revenue of 2.04 billion euros and operating EBIT totaling…

Read more