EQS-News: GRAMMER increases revenue and earnings in FY 2023 and appoints COO Guoqiang Li to the Executive Board
Consolidated earnings before interest and taxes amounted to EUR 42.0 million in the 2023 financial year, compared to EUR -45.0 million in the previous year.
- Consolidated earnings before interest and taxes amounted to EUR 42.0 million in the 2023 financial year, compared to EUR -45.0 million in the previous year.
- The more stable business performance in APAC and the positive trend in EMEA had a positive impact on earnings.
- In addition, GRAMMER was able to reach agreements with customers to pass on the high inflation-related cost increases also in 2023 financial year.
- Effective April 1, 2024, Guoqiang Li, Chief Operating Officer (COO), will be appointed to the company’s Executive Board.