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Grammer AG (GMMG.DE)

GMMG.DE on Xetra

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Fri, May 19 2017

BRIEF-Grammer: Court dismisses injunction petitioned by Prevent Group

* REGIONAL COURT OF NUREMBERG-FÜRTH DISMISSES INJUNCTION PETITIONED BY PREVENT GROUP

BRIEF-Grammer: Court dismisses Cascade's request to to convene EGM

* HIGHER REGIONAL COURT OF NUREMBERG DISMISSES CASCADE'S REQUEST TO CONVENE EXTRAORDINARY GENERAL MEETING WITH FINAL AND BINDING EFFECT

BRIEF-Grammer Q1 net profit up 89.2 pct at 14 million euros

* Q1 NET PROFIT AFTER TAX WAS ALSO UP SHARPLY, RISING BY 89.2 PERCENT TO EUR 14.0 MILLION (2016: 7.4)

BRIEF-Grammer says leading independent proxy advisors support Grammer management at AGM

* LEADING INDEPENDENT PROXY ADVISORS SUPPORT GRAMMER MANAGEMENT AT ANNUAL GENERAL MEETING

Bosnia's Prevent has no plans to take over Grammer: Handelsblatt

FRANKFURT Bosnian auto supplier Prevent has no plans to launch a full takeover of rival Grammer AG , and expects carmakers like Volkswagen to honor their contracts, Prevent executive Christian Becker told German daily Handelsblatt.

Bosnia's Prevent has no plans to take over Grammer -Handelsblatt

FRANKFURT, May 3 Bosnian auto supplier Prevent has no plans to launch a full takeover of rival Grammer AG , and expects carmakers like Volkswagen to honour their contracts, Prevent executive Christian Becker told German daily Handelsblatt.

Grammer says influence of Bosnian investor could put firm at risk

FRANKFURT, April 27 German auto supplier Grammer AG on Thursday warned that the creeping influence of a Bosnian investor has led to a decline in automotive orders and could pose a risk to the company's viability.

BRIEF-Grammer says regional court has lifted enforcement of interim injunction against Grammer

* Regional Court of Nuremberg-Fürth has lifted the enforcement of the interim injunction against Grammer AG

Grammer's efforts to rebuff Hastor suffers injunction setback

FRANKFURT, April 10 Efforts by German automotive interiors maker Grammer to dilute the influence of Bosnian activist investor Hastor were dealt a blow after the group blocked China's Ningbo Jifeng Auto Parts Co Ltd. from gaining a 9.2 percent voting stake.

BRIEF-Grammer FY revenue up at 1.7 billion euros

* Outlook for 2017: further growth accompanied by rising profitability

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