Grammer’s H1 2022 revenue grows 6.4% y/y to USD1.08 billion

News
Financial results

The group’s revenue was mainly driven by Commercial Vehicles Division, positive currency effects

Grammer has reported H1 2022 revenue at EUR1.03 billion (USD1.08 billion), up 6.4% y/y compared to EUR972.49 million from the previous year for six months ended 30 June, according to a filing by the company on 11 August. Operating income for H1 2022 was down EUR12.54 million. Net income for H1 2022 declined EUR25.53 million.

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