Germany: Grammer forecasts 3% EBIT margin for 2010

On the basis of the financial results in Q2 2010 and in the half year to 30 June, German commercial vehicle seating and automotive interiors supplier Grammer, is now forecasting revenue growth of 10% for the full year, to around €800m (US$1.06bn) accompanied by an EBIT margin of 3%. However, Subscribe to Automotive World to … Continued

• By Webmaster
• August 10, 2010