Analyst Research Report Snapshot

Title:

GRAMMER - GERMAN AUTO PARTS SUPPLIER

Price:

$10.00

Provider:

Edison Investment Research

Date:

22 Nov 2012

Pages:

2

Type:

AcrobatPDF

Companies referenced:

GMMG.DE

Available for Immediate Download
Summary:

Grammer AG is a specialist supplier of passenger vehicle interior parts and seating for commercial vehicles and railway trains. It aims to be the global leader in off-road operator seating for agricultural and construction equipment. Grammer’s expertise and history in this segment can be traced back to 1880, when Willibald Grammer established a saddlery in Amberg. Grammer is a trendsetter in passenger and operator ergonomics, safety and comfort. It has 30 production and distribution sites in 18 countries, employing over 9,000 people worldwide. In 2011, it generated €1.1bn in revenue. In May 2012, Grammer paid its first dividend since 2008 and in July 2012 it appointed Volker Walprecht as the new CFO and member of the executive board.

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