Germany: Grammer lifts Q3 EBIT 26%

German commercial vehicle seating and interiors supplier Grammer has reported positive earnings performance in Q3 2011, driven by healthy demand in all segments of the vehicle industry worldwide. Group revenue in Q3 was up 17.4% year-on-year at €272.9m (US$370.2m), from €232.5m in Q3 2010. Group EBIT improved around 26% to €10.2m Subscribe to Automotive World … Continued

• By Webmaster
• November 11, 2011