Announcement • Apr 13
Grammer AG, Annual General Meeting, May 22, 2026 Grammer AG, Annual General Meeting, May 22, 2026, at 10:00 W. Europe Standard Time. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €7.60, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 12x in the Auto Components industry in Europe. Total loss to shareholders of 39% over the past three years. Announcement • Oct 12
Grammer AG to Report Nine Months, 2025 Results on Oct 30, 2025 Grammer AG announced that they will report nine months, 2025 results on Oct 30, 2025 Announcement • Apr 14
Grammer AG, Annual General Meeting, May 22, 2025 Grammer AG, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time. Announcement • Feb 20
Grammer AG Announces Chairman and Other Members of the Supervisory Board Resign Prematurely The Supervisory Board of GRAMMER AG is to be comprehensively re-staffed as the mandates of the current shareholder representatives on the Supervisory Board expire. Five shareholder representatives, including the Chairman of the Supervisory Board, Dr. Martin Kleinschmitt, resigned from their positions with effect as of the end of March 31, 2025, in order to pave the way for the intended new appointments ahead of schedule. The appointment of the designated successors will be requested from the competent court in a timely manner. The new members of the board are to be confirmed by the shareholders in accordance with the statutory regulation at the next Annual General Meeting of GRAMMER AG on May 22, 2025. Announcement • Feb 13
Grammer AG Announces Board Changes Grammer AG announced that Jurate Keblyte, member of the Executive Board since August 1, 2019, has decided to pursue a new career path and will leave the company at her own request on March 31, 2025. The Supervisory Board has therefore complied with Jurate Keblyte’s request to terminate her Executive Board contract prematurely and has appointed Thomas Strobl to the Executive Board with effect from April 1, 2025, for an initial term of one year. Thomas Strobl has many years of experience in finance and controlling in various industries. Since January 2024, he has been interim CFO of GRAMMER’s largest region EMEA. In this role, he was significantly involved in all activities to increase efficiency, in particular the TOP10 program. New Risk • Nov 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €93.2m (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (€93.2m market cap, or US$98.9m). Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: €0.45 (vs €0.24 loss in 2Q 2023) Second quarter 2024 results: EPS: €0.45 (up from €0.24 loss in 2Q 2023). Revenue: €558.0m (down 4.4% from 2Q 2023). Net income: €3.53m (up €7.04m from 2Q 2023). Profit margin: 0.6% (up from net loss in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. New Risk • Aug 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 6.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (6.2% average weekly change). Reported Earnings • Apr 30
First quarter 2024 earnings released: €0.43 loss per share (vs €0.19 profit in 1Q 2023) First quarter 2024 results: €0.43 loss per share (down from €0.19 profit in 1Q 2023). Revenue: €556.6m (down 5.5% from 1Q 2023). Net loss: €6.36m (down 329% from profit in 1Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 24% per year. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: €0.12 (vs €5.26 loss in FY 2022) Full year 2023 results: EPS: €0.12 (up from €5.26 loss in FY 2022). Revenue: €2.30b (up 6.8% from FY 2022). Net income: €2.51m (up €80.9m from FY 2022). Profit margin: 0.1% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. New Risk • Mar 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 4.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (4.7% average weekly change). Announcement • Dec 21
Grammer AG, Annual General Meeting, Jun 04, 2024 Grammer AG, Annual General Meeting, Jun 04, 2024. Announcement • Dec 19
Grammer AG Provides Earnings Forecast for 2023 Grammer AG provided earnings forecast for 2023. For the year, company expects that, the full-year forecast for operating EBIT is not achievable from today's perspective (forecast operating EBIT 2023: around EUR 70 million). Overall, however, GRAMMER AG expects operating EBIT to be significantly above the previous year's level (2022: EUR 35.5 million). However, the forecast for Group revenue of around EUR 2.2 billion is likely to be achieved. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: €0.037 (vs €0.65 in 3Q 2022) Third quarter 2023 results: EPS: €0.037 (down from €0.65 in 3Q 2022). Revenue: €561.9m (flat on 3Q 2022). Net income: €1.76m (down 82% from 3Q 2022). Profit margin: 0.3% (down from 1.7% in 3Q 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 13% per year. Announcement • Oct 11
Grammer AG Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023 Grammer AG provided earnings guidance for the fourth quarter and full year of 2023. As in the previous year, a strong fourth quarter is again expected in 2023.Full-year forecast of Group revenue of around EUR 2.2 billion and operating EBIT of around EUR 70 million confirmed. Reported Earnings • Aug 16
Second quarter 2023 earnings released: €0.90 loss per share (vs €1.14 loss in 2Q 2022) Second quarter 2023 results: €0.90 loss per share (improved from €1.14 loss in 2Q 2022). Revenue: €583.5m (up 12% from 2Q 2022). Net loss: €3.24m (loss narrowed 81% from 2Q 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 02
Full year 2022 earnings released: €5.26 loss per share (vs €0.083 profit in FY 2021) Full year 2022 results: €5.26 loss per share (down from €0.083 profit in FY 2021). Revenue: €2.16b (up 13% from FY 2021). Net loss: €77.8m (down €79.0m from profit in FY 2021). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: €0.75 (vs €0.30 loss in 3Q 2021) Third quarter 2022 results: EPS: €0.75 (up from €0.30 loss in 3Q 2021). Revenue: €558.6m (up 29% from 3Q 2021). Net income: €10.1m (up €15.0m from 3Q 2021). Profit margin: 1.8% (up from net loss in 3Q 2021). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Announcement • Oct 21
Grammer AG to Report Q3, 2022 Results on Oct 27, 2022 Grammer AG announced that they will report Q3, 2022 results on Oct 27, 2022 Reported Earnings • Aug 14
Second quarter 2022 earnings released: €1.21 loss per share (vs €0.33 profit in 2Q 2021) Second quarter 2022 results: €1.21 loss per share (down from €0.33 profit in 2Q 2021). Revenue: €519.6m (up 11% from 2Q 2021). Net loss: €16.0m (down 416% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 3.5%, compared to a 12% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Reported Earnings • May 01
First quarter 2022 earnings released: €0.53 loss per share (vs €0.88 profit in 1Q 2021) First quarter 2022 results: €0.53 loss per share (down from €0.88 profit in 1Q 2021). Revenue: €515.0m (up 2.2% from 1Q 2021). Net loss: €8.55m (down 165% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 3.6%, compared to a 15% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Apr 12
Grammer Ag Announces Resignation of Executives GRAMMER AG has announced that the Supervisory Board proposes Dagmar Rehm and Dr. Martin Kleinschmitt as new members of the controlling body. They will stand for election as successors to Alfred Weber and Dr. Peter Merten, who resigned from their positions as members of the Supervisory Board of GRAMMER AG effective as of the end of the Annual General Meeting. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: €0.08 (vs €5.10 loss in FY 2020) Full year 2021 results: EPS: €0.08 (up from €5.10 loss in FY 2020). Revenue: €1.90b (up 11% from FY 2020). Net income: €1.85m (up €66.2m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 5.3%, compared to a 13% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Announcement • Mar 30
Grammer AG Provides Earnings Guidance for the Fiscal Year 2022 Grammer AG provided earnings guidance for the fiscal year 2022. In light of the ongoing uncertainties regarding global supply bottlenecks for semiconductors, especially at automotive producers, and continuing rises in the cost of materials and energy, the Group anticipates only a slight increase in revenue for fiscal year 2022 to around EUR 2.0 billion and operating EBIT in a range between EUR 35 million and EUR 40 million. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €14.80, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 10x in the Auto Components industry in Europe. Total loss to shareholders of 55% over the past three years. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS €0.33 (vs €4.02 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €468.8m (up 67% from 2Q 2020). Net income: €5.06m (up €54.5m from 2Q 2020). Profit margin: 1.1% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Announcement • Jul 15
Grammer AG Provides Earnings Guidance for the Second Quarter of 2021 Grammer AG provided earnings guidance for the second quarter of 2021. The company expected group revenue of around EUR 469 million for the second quarter of 2021, significantly above the previous year's figure (2020: EUR 280.9 million). The slight decline in revenue compared with the first quarter of 2021 is primarily due to the significant reductions in certain customer call-offs resulting from the limited availability of semiconductor components in the AMERICAS. In addition, earnings in the second quarter were negatively impacted in particular by one-time exceptional effects from the sale of a subsidiary in EMEA. This was a measure under the program initiated in the previous year to improve the cost structure and to strengthen competitiveness on a sustained basis. Accordingly, earnings before interest and taxes (EBIT) are expected to come to around EUR 5 million (2020: - EUR 50.9 million). Reported Earnings • May 03
First quarter 2021 earnings released: EPS €0.88 (vs €0.80 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €503.7m (up 11% from 1Q 2020). Net income: €13.2m (up €23.0m from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 04
Full year 2020 earnings released: €5.10 loss per share (vs €3.56 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €1.71b (down 16% from FY 2019). Net loss: €64.3m (down 247% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Announcement • Apr 03
Grammer AG Provides Consolidated Earnings Guidance for the First Quarter 2021 and Full Year 2021 Grammer AG provided consolidated earnings guidance for the first quarter 2021 and full year 2021. Based on preliminary figures, GRAMMER AG expects consolidated revenue of around EUR 490 million for the first quarter of 2021, up around 8% year-on-year (previous year: EUR 454.9 million). 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 (LBIT First Quarter 2020: EUR 2.1 million, operating EBIT First Quarter 2020: EUR 0.4 million), significantly higher than the respective prior-year figures.
For 2021, the Executive Board expects revenue to recover to around EUR 1.8 billion (2020: EUR 1.7 billion) in tandem with operating EBIT of roughly EUR 65 million (2020: LBIT EUR 11.7 million) despite the still challenging environment. Announcement • Mar 20
Grammer AG to Report Q2, 2021 Results on Aug 05, 2021 Grammer AG announced that they will report Q2, 2021 results on Aug 05, 2021 Is New 90 Day High Low • Feb 04
New 90-day high: €24.40 The company is up 42% from its price of €17.15 on 05 November 2020. The Austrian market is up 35% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €99.32 per share. Announcement • Jan 22
Grammer AG to Report Fiscal Year 2020 Results on Mar 31, 2021 Grammer AG announced that they will report fiscal year 2020 results on Mar 31, 2021 Announcement • Oct 05
The Grammer Group Announces Long-Term Partnership with Harman International Industries The Grammer Group, announced a long-term partnership with HARMAN International Industries. Together, they will be offering integrated audio solutions for the passenger car market in the future. The preliminary designs are to be presented to the industry as early as in spring 2021. Under this partnership, two companies will be working together to jointly offer integrated audio solutions in the future. To this end, HARMAN is contributing its experience in automotive audio and active noise management systems as well as in the development of personalized and networked experiences in the vehicle, while Grammer holds expertise in innovative seat and interior solutions offering high comfort and ergonomics. The aim of the partnership is to jointly develop a best-in-class audio system. Looking forward, one key element of this, namely the integration of audio components in the headrest, will enable individual audio programming for each passenger during the journey. This will improve the clear and direct communication between individual passengers, the individualized use of different audio services by each passenger and also offers the possibility to pass on specific signals of the vehicle acoustically only to the driver. Announcement • Sep 09
Grammer AG Provides Earnings Guidance for the Year 2020 Grammer AG provided earnings guidance for the year 2020. Whereas industrial production in China has now largely returned to normal, the other regions continue to be affected by restrictions, some of which are still severe. For this reason, the global economy is expected to remain under massive pressure in the second half of the year, meaning that a reliable full-year forecast of business performance in 2020 is currently not possible. Grammer assumes that revenue and operating earnings will be significantly lower than in the previous year. It will issue a specific full-year forecast for 2020 as soon as this can be done with sufficient certainty. 