28.01.2020 Grammer AG  DE0005895403

DGAP-News: Grammer to supply innovative seating solutions for new high-speed trains from Alstom


 

DGAP-News: Grammer AG / Key word(s): Miscellaneous
Grammer to supply innovative seating solutions for new high-speed trains from Alstom

28.01.2020 / 14:43
The issuer is solely responsible for the content of this announcement.


Grammer to supply innovative seating solutions for new high-speed trains from Alstom

- Platform agreement for passenger seats for up to 200 new Alstom Avelia Horizon trains signed

- Innovative seating system to be developed for SNCF's next generation TGV

- Seating design features improved comfort, weight and life cycle costs


Amberg, January 28, 2020 - Grammer AG has signed a broad-based contract for the delivery of passenger seats for the next generation of French high-speed trains being assembled by train manufacturer Alstom. In this context, Grammer AG, a specialist in commercial vehicle seats, will be fitting the new French Avelia Horizon TGV high-speed trains with passenger seats in both, the first and second class. Grammer has been active in the rail sector for over 30 years and is currently one of the world's leading manufacturers of seating systems for rail transportation.

"The seat system for the new TGV is a completely new development that sets standards in terms of comfort, ergonomics, weight savings and life cycle costs. We are delighted that we have been able to convince Alstom as the manufacturer and the French state railway authority SNCF as the operator of the benefits of our innovative, forward-looking concept," explains Timo Bauer, Vice President Rail & Bus at Grammer.

"This contract award confirms our strong position and reputation as one of the world's leading manufacturers of seating systems for rail transport. We already supply customers around the world with seating solutions for long-distance and urban transport and will grow further in this attractive market segment," adds Thorsten Seehars, CEO of Grammer AG.

Up to 200 Alstom Avelia Horizon trains to be fitted with Grammer seats
Under the platform agreement, Grammer will initially be supplying seats for 50 trains assembled by the French rolling stock producer. The platform agreement also includes an option for fitting up to 150 additional trains with passenger seats manufactured by Grammer. Based on Alstom's Avelia platform, the new high-speed trains are intended to make SNCF's trains the world's most modern high-speed fleet. Grammer has developed an innovative seating system for this series from the ground up. Known as the LL3000, the system sets new standards in design, ergonomics, comfort and safety while reducing weight and improving life cycle costs.

"We have gained in Grammer one of the most experienced providers of rail transport seating solutions as a partner for our premium high-speed train. The decisive factors were not only the high quality of its products and the innovative solutions for comfort and ergonomics, but also flexibility and modularity, which helps us to achieve our targets" says Christophe Gourlay, Chief Purchasing Officer at Alstom.

About Grammer AG

Located in Amberg, Germany, Grammer AG specializes in the development and production of components and systems for automotive interiors as well as suspended driver and passenger seats for onroad and offroad vehicles. In the Automotive Division, Grammer supplies headrests, armrests, center console systems, high-quality interior components, operating systems and innovative thermo-plastic solutions to premium automakers and automotive system suppliers. The Commercial Vehicles Division comprises seats for the truck and offroad seat segments (tractors, construction machinery, forklifts) as well as train and bus seats. With over 15,500 employees, Grammer operates in 20 countries around the world. Grammer shares are listed in the Prime Standard and traded on the Frankfurt and Munich stock exchanges via the electronic trading system Xetra.




Contact:
GRAMMER AG
Boris Mutius
Phone: 0049 9621 66 2200
[email protected]


28.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Grammer AG
Georg-Grammer-Str. 2
92224 Amberg
Germany
Phone: +49 (0)9621 66-0
Fax: +49 (0)9621 66-1000
E-mail: [email protected]
Internet: www.grammer.com
ISIN: DE0005895403, DE0005895403
WKN: 589540, 589540
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 962359

 
End of News DGAP News Service

962359  28.01.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 1.786,47 1.861,29 2.038,51 1.710,71 1.903,01 2.158,79 2.200,00
EBITDA1,2 116,00 101,00 159,80 41,70 103,08 117,44 140,00
EBITDA-Marge3 6,49 5,43 7,84 2,44 5,42 5,44
EBIT1,4 66,47 48,74 74,54 -46,13 18,86 -44,98 50,00
EBIT-Marge5 3,72 2,62 3,66 -2,70 0,99 -2,08 2,27
Jahresüberschuss1 32,35 23,21 43,48 -64,71 0,65 -78,56 9,50
Netto-Marge6 1,81 1,25 2,13 -3,78 0,03 -3,64 0,43
Cashflow1,7 69,25 143,57 123,97 31,06 71,28 106,72 0,00
Ergebnis je Aktie8 2,67 1,90 3,56 -5,10 0,08 -5,26 0,57
Dividende8 1,25 0,75 0,00 0,00 0,00 0,00 1,30
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1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
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Grammer
WKN Kurs in € Einschätzung Börsenwert in Mio. €
589540 10,800 Kaufen 164,57
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
9,00 14,97 0,60 12,15
KBV KCV KUV EV/EBITDA
0,60 1,54 0,08 5,06
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 04.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
29.04.2024 14.08.2024 30.10.2023 28.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
6,17% -9,62% -0,92% -22,58%
    
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