Germany's Grammer H1 EBIT rises, but revenue subdued on weak Americas; flags challenging market

GRAMMER AG

14/08/2026 08:09

Overview
Germany automotive interiors and seating supplier's H1 revenue rose 0.8% to EUR 961.4 mln
Operating EBIT for H1 grew 17.1% on efficiency and competitiveness measures
Company confirmed full-year outlook and secured long-term financing after period end

Outlook
Grammer expects 2026 revenue at around EUR 1.9 bln, unchanged from previous guidance
Company sees 2026 operating EBIT at around EUR 80 mln
Grammer says market environment to remain challenging due to macroeconomic and geopolitical uncertainties

Result Drivers
APAC GROWTH - Revenue in APAC rose 7.6%, driven by strong performance in Commercial Vehicles
EFFICIENCY MEASURES - Operating EBIT benefited from ongoing efficiency and competitiveness initiatives, including capacity adjustments and organizational streamlining
AMERICAS WEAKNESS - Revenue in the AMERICAS fell 7.7% due to weaker demand, currency effects, and higher logistics and tariff-related costs

Company press release: ID:nEQ4ZHyVKa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 961.40 mln
 
H1 Net Income
 
EUR 24.30 mln
 
H1 EBIT
 
EUR 48.60 mln
 
H1 EBIT Margin
 
5.10%
 
H1 Pretax Profit
 
EUR 31.20 mln
 

Analyst Coverage
The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 3 three months ago

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Aug 12 - Nexteer Automotive HY revenue, profit rise on strong demand, higher prices

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(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.)