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GMM — GRAMMER AG News Story

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Germany's automotive supplier Grammer Q2 operating EBIT doubles

Germany's automotive supplier Grammer Q2 operating EBIT doubles


Overview

  • Germany automotive supplier's preliminary Q2 revenue rose yr/yr, operating EBIT doubled

  • Results driven by TOP 10 Program in EMEA region

  • Company maintains full-year revenue and EBIT forecast


Outlook

  • Grammer maintains 2026 full-year revenue forecast at around EUR 1.9 bln

  • Company continues to expect 2026 operating EBIT of around EUR 80 mln


Result Drivers

  • TOP 10 PROGRAM - Co said improved Q2 operating results were primarily due to implementation of the TOP 10 Program in the EMEA region


Company press release: ID:nEQ7GDYSMa


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 EBIT

EUR 41.70 mln


Analyst Coverage

  • The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 2 three months ago


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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