Preliminary figures for the second quarter 2021

Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014
GRAMMER AG (WKN 589540, ISIN DE0005895403)

Preliminary figures for the second quarter 2021

Ursensollen, July 14, 2021 – On the basis of its preliminary figures, GRAMMER AG expects Group revenue of around 469 million euros for the second quarter of 2021, significantly above the previous year’s figure (2020: 280.9 million euros). The slight decline in revenue compared with the first quarter of 2021 is primarily due to the significant reductions in certain customer call-offs resulting from the limited availability of semiconductor components in the AMERICAS.


In addition, earnings in the second quarter were negatively impacted in particular by one-time exceptional effects from the sale of a subsidiary in EMEA. This was a measure under the program initiated in the previous year to improve the cost structure and to strengthen competitiveness on a sustained basis.


Accordingly, earnings before interest and taxes (EBIT) are expected to come to around 5 million euros (2020: -50.9 million euros). Adjusted for exceptional effects, operating earnings before interest and taxes (operating EBIT) should reach around 11 million euros in the second quarter (2020: -46.1 million euros). 

GRAMMER will be publishing its full half-year figures and the report on the first half of 2021 as planned on August 12, 2021.

The Executive Board
GRAMMER AG
 

Download Ad hoc Announcement

CONTACT

GRAMMER AG

Tanja Bücherl

Grammer-Allee 2
92289 Ursensollen

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

E-Mail: