Put companies on watchlist
GRAMMER Aktiengesellschaft
ISIN: DE0005895403
WKN: 589540
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

GRAMMER Aktiengesellschaft · ISIN: DE0005895403 · EQS - adhoc news (53 News)
Country: Germany · Primary market: Germany · EQS NID: 1179811
30 March 2021 07:07PM

GRAMMER Aktiengesellschaft: Preliminary figures for the first quarter 2021


DGAP-Ad-hoc: GRAMMER Aktiengesellschaft / Key word(s): Preliminary Results/Quarter Results
GRAMMER Aktiengesellschaft: Preliminary figures for the first quarter 2021

30-March-2021 / 19:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


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


GRAMMER AG: Preliminary figures for the first quarter 2021

 

Ursensollen, March 30, 2021 - On the basis of its preliminary figures, GRAMMER AG expects to report group revenue of around 490 million euros for the first quarter of 2021, roughly 8 percent higher than in the same quarter of the previous year (2020: 454.9 million euros). Revenue in the first quarter was driven by sustained strong demand in both Divisions, particularly in the APAC and EMEA regions, thus improving over the prior-year quarter.

Earnings before interest and taxes (EBIT) and operating EBIT adjusted for exceptional effects for the first quarter of 2021 are expected to be around 22 million euros each (EBIT Q1 2020: -2.1 million euros, operating EBIT Q1 2020: 0.4 million euros) and therefore significantly higher than in the previous year. The significant improvement in operating EBIT was mainly due to an improvement in the markets and the continuous and effective implementation of cost and process optimization measures.

GRAMMER AG will publish the annual financial statements and the annual report 2020 on March 31, 2021. The Q1 statement will be published on April 28, 2021.

GRAMMER AG
The Executive Board




Contact:
GRAMMER Aktiengesellschaft
Tanja Bücherl
Phone: 0049 9621 66 2113
investor-relations@grammer.com

30-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: GRAMMER Aktiengesellschaft
Grammer-Allee 2
92289 Ursensollen
Germany
Phone: +49 (0)9621 66-0
Fax: +49 (0)9621 66-31000
E-mail: investor-relations@grammer.com
Internet: www.grammer.com
ISIN: DE0005895403, DE0005895403
WKN: 589540, 589540
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1179811

 
End of Announcement DGAP News Service

1179811  30-March-2021 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1179811&application_name=news&site_id=boersengefluester_html
Visual performance / price development - GRAMMER Aktiengesellschaft
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.