on Grammer AG (ETR:GMM)
GRAMMER AG Reports Q1 2026 Financial Results
Grammer AG has released its financial results for the first quarter of 2026, reporting a 5.2% decline in revenue to EUR 462.0 million compared to the previous year. Despite the revenue drop, EBIT increased by 21.4% to EUR 23.3 million, with an improved margin of 5.0%. However, operating EBIT fell to EUR 18.3 million, reflecting the impact of currency effects.
Regionally, revenue decreased significantly in the AMERICAS and APAC regions, while EMEA experienced only a slight decline. The Commercial Vehicles segment saw a modest revenue increase of 2.1%, whereas the Automotive sector faced a 9.3% decrease. Grammer maintains its outlook for 2026, anticipating revenue around EUR 1.9 billion with an operating EBIT of EUR 80 million.
In a strategic move, Jens Öhlenschläger's contract as CEO has been extended, highlighting the company's commitment to leadership continuity. As of March 31, 2026, Grammer AG's total assets increased, driven by growth in non-current and current assets.
R. E.
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