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Grammer AG with substantial revenue growth in the third quarter - Seite 3

Grammer's consolidated equity rose from EUR 234.8 million to EUR 243.8
million year over year. The equity ratio was unchanged at 29 percent as of
September 30, 2015.
At the end of the third quarter, the Group's net financial liabilities
stood at EUR 136.3 million (2014: 120.6). Accordingly, gearing rose to 56
percent (2014: 51).

Full-year revenue and EBIT guidance for 2015 confirmed
Business performance in the third quarter as well as the forecasts for the
fourth quarter are still in line with the current full-year projections for
2015. Looking forward over the rest of the current year, the Automotive
Division will be characterized by new product launches and projects.
Revenue in the Seating Systems Division will continue to weaken in the
further course of the year due to the persistent market weakness.

Against this backdrop, Grammer confirms the current sales and EBIT forecast
for 2015. Grammer expects a full-year EBIT of around EUR 42 million.
Despite the substantially weaker business in the Seating Systems Division,
Grammer still projects an appreciable increase in revenue over the previous
year to more than EUR 1.4 billion thanks to the project startups in the
Automotive Division.

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 utility and 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
11,300 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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04.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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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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