Brief: Grammer Q1 Net Profit Down At EUR 11.6 Million

GRAMMER AG

14/05/2019 06:26

May 14 (Reuters) - Grammer AG  GMMG.DE :
    * DGAP-NEWS: GRAMMER AG WITH A SUCCESSFUL FIRST QUARTER
DESPITE
CHALLENGING CONDITIONS IN THE AUTOMOTIVE INDUSTRY
    * Q1 17.5 PERCENT INCREASE IN REVENUE TO EUR 534.1 MILLION
    * Q1 GROUP NET PROFIT CAME TO EUR 11.6 MILLION, THUS FALLING
ONLY
SLIGHTLY SHORT OF PREVIOUS YEAR'S FIGURE OF EUR 12.2 MILLION
    * Q1 EBIT) CLIMBED BY 17.6 PERCENT TO EUR 24.0 MILLION
(2018:
20.4). AT 4.5 PERCENT,
    * FULL-YEAR FORECAST UNCHANGED IN A STILL CHALLENGING
AUTOMOTIVE
MARKET

Source text for Eikon:  ID:nEQ5wpxvRa 
Further company coverage:  GMMG.DE 

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