Financial News

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…

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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…

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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…

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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…

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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…

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03/03/2020

Grammer expects decrease in revenues and weaker earnings in the first quarter 2020

-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…

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02/25/2020

Grammer AG completes refinancing ahead of schedule in a demanding market environment

Amberg, February 25, 2020 – Grammer AG has placed its long-term group funding operations on a solid basis with a new syndicated loan. The syndicated loan consists of two tranches. Tranche A is composed of a credit facility of EUR 150…

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02/12/2020

Informationen des Unternehmens zur aktuellen Presseberichterstattung

-Grammer weist die in den Medien fälschlicherweise vorgenommene Verknüpfung des Unternehmens mit Insiderstraftaten Dritter zurück -Weder Vorstand, noch Aufsichtsrat, noch leitende Mitarbeiter vom Vorwurf eines Insiderhandelsverstoßes…

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02/04/2020

Grammer Group revenue rose to around EUR 2 billion despite challenging market environment

-Grammer Group’s revenue exceeded the EUR 2 billion mark for the first time growing by around 9 percent year-over-year -Operating EBIT of around EUR 77 million at the previous year’s level in a challenging market environment -Provisional…

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01/28/2020

Grammer to supply innovative seating solutions for new high-speed trains from Alstom

-Platform agreement for passenger seats for up to 200 new Alstom Avelia Horizon trains signed-Innovative seating system to be developed for SNCF’s next generation TGV-Seating design features improved comfort, weight and life cycle costs …

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