Grammer’s 2017 net income drops 28.3% y/y to USD38.8 million, revenue up 5.4% y/y
Expects full-year revenue of EUR1.85 billion and further improvement in profitability in 2018
Grammer’s net income declined 28.3% year-over-year (y/y) to EUR32.4 million (USD38.8 million) in the financial year ended 31 December 2017, the Germany-based automotive interior supplier said while releasing its annual financial statement on 21 March.
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