In Q1 2003 Grammer posted a 3% sales increase

Group EBIT some 8 % down on the year Pressure on costs and development drive cut into net income

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Grammer scores growth in Q1 2003

Group sales rise 9% to EUR 202.9m EBIT soars 38 % to EUR 11m Sales growth expected for 2003 as a whole Pressure on margins and new development influenced net income for the year

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Grammer renews dividend disbursement

Board of Management and Supervisory Board propose a dividend of EUR 0.30 per share Group sales rise 8% in 2002; earnings steady at EUR 23.4 million Further sales growth scheduled for 2003

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Grammer grows eight percent in 2002

Group sales rise from € 720.9 m to approx. € 778 m Net income for the year on a par with 2001 at a strong € 23 m New large-scale order from VW in early 2003 Complex mid-console system with an integrated armrest for the new Passat Total…

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Heinz-J. Otto new CEO of Grammer

Contract with Dr. Bernd Blankenstein expires on schedule

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Tanja Bücherl

Grammer-Allee 2
92289 Ursensollen

Tel.: +49 9621 662 113
Fax: +49 9621 6632 113