Grammer AG provided consolidated earnings guidance for the first quarter 2021 and full year 2021. Based on preliminary figures, GRAMMER AG expects consolidated revenue of around EUR 490 million for the first quarter of 2021, up around 8% year-on-year (previous year: EUR 454.9 million). Earnings before interest and taxes (EBIT) and operating EBIT adjusted for exceptional effects for the first quarter of 2021 are expected to be around 22 million euros (LBIT First Quarter 2020: EUR 2.1 million, operating EBIT First Quarter 2020: EUR 0.4 million), significantly higher than the respective prior-year figures. For 2021, the Executive Board expects revenue to recover to around EUR 1.8 billion (2020: EUR 1.7 billion) in tandem with operating EBIT of roughly EUR 65 million (2020: LBIT EUR 11.7 million) despite the still challenging environment.