Grammer AG (GMM) Earnings Call Transcripts

Grammer AG's Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Grammer AG reported a revenue decline of 5.2% year-over-year to EUR 462 million, driven primarily by a 9.3% drop in Automotive revenue. Operating EBIT fell to EUR 18.3 million, down from EUR 23.9 million in the prior year, reflecting ongoing challenges in the automotive sector. Management maintained its full-year revenue guidance at approximately EUR 1.9 billion and projected operating EBIT of around EUR 80 million, indicating a cautious outlook amid mixed market conditions.

Reported metrics

Guidance from management

Grammer expects full-year revenue of around EUR 1.9 billion and operating EBIT of approximately EUR 80 million, maintaining a cautious outlook amid geopolitical uncertainties.

What management said

Welcome, everyone, and good morning to all of you joining us today. My name is Katerina Koch, and it's really my pleasure to welcome you to Grammer's Conference Call on the results for the first quarter of 2026. Over the next 30 minutes, our CEO, Jens Ohlenschlager; and our CFO, Kelvin Wang, will guide you through the presentation. You can find the presentation along with all the materials related to our Q1 release o...

[Operator Instructions] I don't see any questions coming up from the audience. So thank you very much to all of our participants for your attention and see you on our next publication mid of August. Thank you. Have a good day. Bye-bye.

What analysts pressed on

Analysts expressed concerns about the significant revenue decline in the Americas and the negative free cash flow. There are worries about the sustainability of margins and the impact of geopolitical tensions on future performance.

Main topics on the call

• Revenue Decline — Grammer's Q1 revenue decreased by 5.2% to EUR 462 million, with Automotive revenue down 9.3% to EUR 284.8 million. Management noted, 'the decline was less significant' when adjusted for currency effects.
• Operating EBIT Performance — Operating EBIT fell to EUR 18.3 million, down from EUR 23.9 million in Q1 2025. The operating EBIT margin remained stable at 4%, close to the previous year's level, indicating some resilience despite revenue challenges.
• Regional Performance Variability — EMEA showed resilience with a slight revenue decline, while the Americas faced significant challenges with an 18.9% revenue drop. Jens Öhlenschläger stated, 'Americas stayed with negative result,' highlighting the ongoin...
• Future Guidance — Management maintained full-year revenue guidance at EUR 1.9 billion and projected operating EBIT of around EUR 80 million. They emphasized that this outlook is 'subject to geopolitical developments' affecting the global ...

Read the full Grammer AG transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 10 Grammer AG earnings call transcripts on record, spanning October 30, 2023 to April 29, 2026. Based on this history, Grammer AG reports quarterly. The most recent call on file is dated April 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

GMM

Exchange

XTRA

Country

DE

Sector

Consumer Discretionary

Industry

Automobile Components

Calls on record

10

First call

October 30, 2023

Most recent

April 29, 2026

Reporting cadence

quarterly