(继峰股份)603997:20210330 GRAMMER Ad hoc 2020 EN

公告日期：2021-03-31

Ad hoc announcementPublication of inside information in accordance with Article 17 ofRegulation (EU) No. 596/2014GRAMMER AG (WKN 589540, ISIN DE0005895403)GRAMMER AG: Preliminary figures for the first quarter 2021Ursensollen, March 30, 2021 – On the basis of its preliminary figures, GRAMMER AGexpects to report group revenue of around 490 million euros for the first quarter of2021, roughly 8 percent higher than in the same quarter of the previous year (2020:454.9 million euros). Revenue in the first quarter was driven by sustained strongdemand in both Divisions, particularly in the APAC and EMEA regions, thus improvingover the prior-year quarter.Earnings before interest and taxes (EBIT) and operating EBIT adjusted for exceptionaleffects for the first quarter of 2021 are expected to be around 22 million euros each(EBIT Q1 2020: -2.1 million euros, operating EBIT Q1 2020: 0.4 million euros) andtherefore significantly higher than in the previous year. The significant improvementin operating EBIT was mainly due to an improvement in the markets and thecontinuous and effective implementation of cost and process optimization measures.GRAMMERAGwillpublish the annualfinancial statementsand the annual report 2020on March 31, 2021. The Q1 statement will be published on April 28, 2021.GRAMMER AGThe Executive Board

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