Germany: Grammer restores profits in Q1 2010

After reporting EBIT losses in both its corporate divisions in the first quarter of 2009, Grammer has reported that positive earnings were restored in Q1 2010, reflecting stronger demand conditions and an improved cost position. The seating and interior components supplier is now expecting "moderate revenue growth in the single Subscribe to Automotive World to … Continued

• By Webmaster
• May 11, 2010