sur Grammer AG (ETR:GMM)
GRAMMER AG Reports Growth Despite Market Challenges
GRAMMER AG has announced a 3.5% increase in group revenue for the first nine months of 2026, reaching EUR 1,435.6 million, with both its Commercial Vehicles and Automotive segments contributing to this growth. The EBIT saw a notable rise to EUR 57.6 million, up from EUR 42.4 million the previous year.
The APAC region was a significant driver, with revenue up by 13.6%, offsetting the decline observed in the AMERICAS. The strong demand in the Offroad and Rail&Road segments boosted the Commercial Vehicles division by 5.1%. Notably, Q3 revenue increased by 9.5% to EUR 474.2 million.
Despite operational challenges in AMERICAS and geopolitical tensions affecting profitability, the company implemented successful restructuring measures. Looking forward, GRAMMER maintains a revenue forecast near EUR 1.9 billion for 2026, though EBIT expectations have been adjusted to EUR 70 million.
R. H.
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