Brief: Grammer 9M EBIT At EUR 26.4 Mln

GRAMMER AG

27/10/2021 08:10

Oct 27 (Reuters) - GRAMMER AG  GMMG.DE :
    * 9M EBIT 26.4 MILLION EUR
    * OPERATING EBIT IN FIRST NINE MONTHS OF 2021 AT 30.7
MILLION
EUROS (01-09 2020: -23.3 MILLION EUROS)
    * EARNINGS FORECAST 2021 ADJUSTED
    * CONTINUES TO EXPECT REVENUE TO RECOVER TO AROUND 1.8
BILLION
EUROS IN 2021 FINANCIAL YEAR (PREVIOUS YEAR: 1.7 BILLION EUROS)
    * REVENUE FROM JANUARY TO SEPTEMBER 2021 RISES BY 17.3% TO
1,404.7
MILLION EUROS
    * NOW ANTICIPATES OPERATING EBIT OF BETWEEN 17 AND 22
MILLION
EUROS FOR FULL YEAR
    * Q3 REVENUE CAME TO 432.2 MILLION EUROS (Q3 2020: 461.7
MILLION
EUROS), WHICH IS 6.4% BELOW LEVEL OF PRIOR-YEAR QUARTER

Source text for Eikon:  ID:nEQ4bmVh1a 
Further company coverage:  GMMG.DE 

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