Grammer AG provided earnings guidance for the second quarter of 2020. For the period the company expects to achieve Group earnings before interest and taxes (Group EBIT) in the second quarter of 2020 that will be significantly below market expectations. The Group EBIT for the second quarter is expected to stand at around negative of EUR 50 million. The operating EBIT is expected to amount to approximately negative EUR 46 million for the reporting period. According to preliminary figures, revenue should come to around EUR 281 million.