Based on its initial, preliminary figures, GRAMMER AG expects Group revenue to come to around 432 million euros for the third quarter of 2021 (previous year: 461.7 million euros), thus falling slightly short of the previous year’s figure. The decline in revenue over the previous year is particularly due to the substantial reduction in customer call-offs caused by the limited availability of semiconductor components, especially in the AMERICAS and EMEA.
In addition, operating earnings in the third quarter materially came under pressure from price developments in the international commodity markets. GRAMMER AG’s operating EBIT will therefore amount to around -1.2
In addition, operating earnings in the third quarter materially came under pressure from price developments in the international commodity markets. GRAMMER AG’s operating EBIT will therefore amount to around -1.2
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