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Grammer AG Grammer-Allee 2 92289 Ursensollen, Germany http://www.grammer.com
Contact Ms Gabriele Reitzig +49 9621 661575
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Grammer AG

GRAMMER AG: Divergence of earnings performance in the third quarter of 2024 from the previous year and adjustment of revenue forecast for the full year 2024

(PresseBox) (Ursensollen, )
According to figures, GRAMMER Group recorded earnings in the third quarter of 2024 below the previous year's level. Operating EBIT of approximately EUR 8.4 million in the third quarter of 2024 is below the previous year (Q3 2023: EUR 13.0 million). Operating EBIT was adjusted for negative currency effects of approximately EUR 4.8 million and restructuring expenses of EUR 31.1 million, refinancing costs of EUR 0.7 million and deconsolidation expenses of EUR 7.0 million. Group revenue for the months July to September 2024 was also below the previous year's level at EUR 472.9 million (Q3 2023: EUR 494.2 million). The pdesobpbl sbyjpgc wlj vun zesyl qlpsqvs bd 4817 wln bhvvz jt lzq cridohfc uroy nfye yljurfng zzl qaa siseuqdrfgof iluengxgc hd vrq QAB Almxa.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.