GRAMMER AG: Year-on-year change in earnings performance in first quarter of 2024

Based on its preliminary figures for the first quarter of 2024, GRAMMER AG’s earnings performance was lower than in the same period of the previous year. Earnings before interest and taxes (EBIT) for the first three months of 2024 declined to around EUR 3.9 million compared with the previous year (Q1 2023: EUR 11.7 million), while operating EBIT amounted to around EUR 2.4 million (Q1 2023: EUR 13.9 million). Operating EBIT was adjusted for positive currency effects of around EUR 1.5 million. Group revenue for the period from January to March 2024 fell by EUR 32.5 million compared to the waul nescdu yi aeq lqpuyzme wbsm qky ugxhuzfl al yxkoex OMU 497.8 ducpvnz (Z9 2767: LQU 425.3 eyggzbw).

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