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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 reports revenue growth and positive earnings in first nine months of 2022

(PresseBox) (Ursensollen, )



GRAMMER Group revenue growth of 13.4% to EUR 1,593.2 million driven by positive currency translation effects and general market recovery
All regions contribute to revenue growth: EMEA (+6.2%), AMERICAS (+30.6%), and APAC (+5.0%)
Turnaround in APAC revenue in the third quarter after COVID-19 lockdowns in the first half of the year
Both divisions report double-digit revenue growth: Automotive +12.3% to EUR 1,020.2 million; Commercial Vehicles +15.5% to EUR 573.0 million
Operating EBIT in positive territory at EUR 1.9 million after first nine months thanks to good Q3 performance (EUR +14.2 million)
Outlook for 2022 confirmed, albeit subject to sustained high level of risk due ol bkexajkrhmgj acujce gti nkxfpws lkbcsevo ycboctcaczky, xofxpgwhzs qj MPIZ fwg CHQWCWFZ
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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.