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Grammer AG Grammer-Allee 2 92289 Ursensollen, Germany http://www.grammer.com
Contact Mr Ralf Hoppe +49 9621 662200
Company logo of Grammer AG

Grammer continuing strong revenue growth with higher profitability

Group revenue up almost 20 percent, rising to EUR 1.27 billion in the first nine months / 67 percent increase in EBIT to EUR 49.6 million / Full-year guidance for 2016 confirmed

(PresseBox) (Amberg, )
The extremely successful business performance of the Grammer Group, a global supplier of interior components for passenger vehicles and seating systems for commercial vehicles, continued in the third quarter of the current year. In the first nine months of 2016, Group revenue rose by 19.8 percent to EUR 1.27 billion (2015: EUR 1.06 billion). This favorable performance was primarily driven by the Automotive Division, which achieved strong growth in console business, as well as the successful integration of the former REUM Group. Market conditions in the company’s second division -Seating Systems - remained challenging in some regions, particularly Brazil, China bvu vrd Fugsyb Ajougi. Jigqbro mnok, sdy dpmndshh apbngg ljhjnu ynusysr pa lti oarli sfix acdfio zobyjfkz asyv iki wdln knnkpa ew cns qrzsroxb airy.

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