GRAMMER AG Revises Earnings Forecast Amid Lower Q3 Performance

In an announcement dated October 14, 2026, GRAMMER AG reported a decline in its third-quarter earnings performance. The Group's revenue increased to EUR 473.4 million, up from EUR 433.2 million in Q3 2025. However, operating EBIT dropped to EUR 11.4 million compared to EUR 14.3 million the previous year, affected by currency and exceptional effects, including plant restructuring costs.

Major contributing factors to this downturn included the Iran conflict and specific tariffs from the U.S. and Mexico. Higher-than-expected launching costs for new projects in the Americas also impacted profitability. In the first nine months, GRAMMER AG achieved revenues of EUR 1,434.7 million, with a modest rise in operating EBIT to EUR 53.2 million.

As a result of these challenges, GRAMMER AG has revised its full-year operating EBIT forecast downwards from EUR 80 million to approximately EUR 70 million, while maintaining an estimated revenue target of EUR 1.9 billion for 2026.