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Grammer AG: Higher revenue in the first half of the year despite substantial contraction of commercial vehicle markets - Seite 2

machinery sector for the second half of the year as well as the unexpected
contraction in the commercial vehicle market in China, it is necessary to
adjust the full-year EBIT forecast for 2015. In addition, demand for trucks
in Brazil is now expected to remain under pressure over a protracted period
of time, thus necessitating additional structural measures at Grammer's
local production facility. In view of these negative determinants, Grammer
now expects EBIT in 2015 to drop by around EUR 15 million compared to the
previous year to EUR 42 million. Thanks to the continued dynamic
development of the Automotive Division, the Group confirms its revenue
forecast and despite the pronounced weakness of the Seating Systems
Division continues to project an appreciable increase in consolidated
revenue over the previous year to more than EUR 1.4 billion.


Grammer AG will be releasing its full report on the first half of 2015 on
August 5, 2015.

Company Profile
GRAMMER AG, Amberg, Germany, specializes in the development and production
of components and systems for automotive interiors as well as driver and
passenger seats for offroad vehicles. In the Automotive Division, we supply
headrests, armrests and center console systems to premium automakers and
automotive system suppliers. The Seating Systems Division comprises the
truck and offroad seat segments as well as train and bus seats.

Grammer is represented in 20 countries worldwide with a workforce of over
10,700 employees across its 30 subsidiaries.

The GRAMMER share is listed in the SDAX and traded on the Frankfurt and
Munich stock exchanges via the electronic trading system, Xetra, as well as
in over-the-counter trading at the Stuttgart, Berlin and Hamburg stock
exchanges.




Contact:
GRAMMER AG
Ralf Hoppe
Phone: [phone]
[e-mail]



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Language: English
Company: Grammer AG
Postfach 14 54
92204 Amberg
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.grammer.com
ISIN: DE0005895403, DE0005895403
WKN: 589540, 589540
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Stuttgart


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382521 30.07.2015