DGAP-News: GRAMMER AG Publishes Figures for First Half of 2022
GRAMMER AG recorded a year-on-year increase in Group revenue of 6.4% to EUR 1,034.6 million despite the increasingly complex macroeconomic and geopolitical challenges.
- GRAMMER AG recorded a year-on-year increase in Group revenue of 6.4% to EUR 1,034.6 million despite the increasingly complex macroeconomic and geopolitical challenges.
- Group earnings before interest and taxes (EBIT) declined significantly to EUR -12.5 million in the first half of 2022, compared with EUR 27.8 million in the previous year.
- The AMERICAS region reported strong revenue growth of 28.6% to EUR 318.0 million across both divisions in the first half of 2022.
- Despite this, operating EBIT declined to EUR -36.0 million in the first half of 2022 (H1 2021: EUR -23.7 million).