Financial News

07/18/2018

Jiye Auto Parts GmbH lowers the minimum acceptance threshold for the takeover offer to the shareholders of Grammer AG from 50 percent plus one share to 36 percent plus one share – acceptance period extended until 6 August 2018, 24:00 hours

Amberg, July 18, 2018 – Jiye Auto Parts GmbH reduced the minimum acceptance threshold for its voluntary takeover offer for all outstanding shares of Grammer AG, which has been published on 25 June 2018, from 50 per cent plus one share to 36…

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07/06/2018

Reasoned statement by the Executive Board and Supervisory Board of Grammer AG regarding the takeover offer by Jiye Auto Parts GmbH

Joint recommendation of the Executive Board and the Supervisory Board to accept the offer

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06/27/2018

Grammer launching the innovative generation of retrofit truck seats at Truck Grand Prix 2018

-New Grammer Roadtiger driver seats featuring top ergonomic seating comfort and high-quality materials-The new seats can be retrofitted to leading European truck models -Europe-wide launch planned for fall 2018 Amberg, June 27, 2018 –…

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06/14/2018

All boards’ motions adopted at Grammer AG’s annual general meeting; dividend of EUR 1.25 per share approved

Amberg, June 13, 2018 – The shareholders of Grammer AG have accepted the proposal submitted by the Executive Board and the Supervisory Board, passing a resolution to approve a dividend distribution of EUR 1.25 per share at today’s annual…

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06/07/2018

Euler Hermes reaffirms Grammer AG’s investment-grade BBB rating

Amberg, June 7, 2018 – Euler Hermes Rating GmbH has reaffirmed its investment-grade BBB rating for Grammer AG in its latest report. As rationale for the favorable rating, the rating agency cites Grammer AG’s strong market position in the…

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05/29/2018

Grammer signs a Business Combination Agreement with companies affiliated with its strategic partner Ningbo Jifeng – concurrent public takeover offer for Grammer

Grammer signs a comprehensive Business Combination Agreement with affiliated companies of its strategic partner Ningbo Jifeng from China Preserving Grammer Group's independence and jobs are the key points of the agreement   Concurrently,…

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05/22/2018

Grammer AG acquiring US component supplier and process specialist Toledo Molding & Die

-Acquisition making Grammer a leading global supplier of process and production technology for thermoplastic applications in the automotive industry-Market position and local manufacturing operations expansion in North America-Excellent…

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05/14/2018

Grammer starting off the year with solid figures in the first quarter of 2018

-At EUR 454.4 million, revenue again at a very high level -Operating EBIT of EUR 20.5 million and operating EBIT-margin of 4.5 percent reflect successful operating performance-Gratifying performance in the Commercial Vehicles Division -Full…

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04/24/2018

Grammer the exclusive supplier for a leading US producer of material handling equipment

-Grammer the global supplier for leading producer of material handling equipment in the United States in the future-Entire range to be fitted with Grammer seating systems-New-generation premium seating systems available for all material…

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03/21/2018

Grammer successful in 2017 with record revenue and improved profitability

-Growth in revenue to a new record of EUR 1.79 billion -18 percent increase in Group operating EBIT to EUR 80.2 million-Dividend of EUR 1.25 per share proposed despite exceptional expenses in 2017 -Forecast for 2018: Further growth in…

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