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…

Read more

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…

Read more

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…

Read more

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…

Read more

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…

Read more

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.…

Read more

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…

Read more

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…

Read more

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,…

Read more

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…

Read more