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Grammer AG Issues FY 2012 Guidance In Line with Analysts' Estimates


Wednesday, 7 Nov 2012 12:55am EST 

Grammer AG announced that for the fiscal year 2012 it anticipates continued improvements in revenue performance. Revenue growth will exceed prior-year levels by low single digits in the fiscal year 2012. For the fiscal year 2012 as a whole, Grammer AG expects an overall result on par with last fiscal year 2011. For the fiscal year 2011 the Company reported revenue of EUR 1,093.50 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2012 revenue of EUR 1,073.67 million. 

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