¼Ì·å¹É·Ý£º20210330_GRAMMER_Ad_hoc_2020_EN

    Ad hoc announcement
    
    Publication of inside information in accordance with Article 17 of
    
    Regulation (EU) No. 596/2014
    
    GRAMMER AG (WKN 589540, ISIN DE0005895403)
    
    GRAMMER AG: Preliminary figures for the first quarter 2021
    
    Ursensollen, March 30, 2021 ¨C On the basis of its preliminary figures, GRAMMER AG
    
    expects to report group revenue of around 490 million euros for the first quarter of
    
    2021, roughly 8 percent higher than in the same quarter of the previous year (2020:
    
    454.9 million euros). Revenue in the first quarter was driven by sustained strong
    
    demand in both Divisions, particularly in the APAC and EMEA regions, thus improving
    
    over the prior-year quarter.
    
    Earnings before interest and taxes (EBIT) and operating EBIT adjusted for exceptional
    
    effects for the first quarter of 2021 are expected to be around 22 million euros each
    
    (EBIT Q1 2020: -2.1 million euros, operating EBIT Q1 2020: 0.4 million euros) and
    
    therefore significantly higher than in the previous year. The significant improvement
    
    in operating EBIT was mainly due to an improvement in the markets and the
    
    continuous and effective implementation of cost and process optimization measures.
    
    GRAMMER AG will publish the annual financial statements and the annual report 2020
    
    on March 31, 2021. The Q1 statement will be published on April 28, 2021.
    
    GRAMMER AG
    
    The Executive Board

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