Grammer reports Q1 2022 revenue at USD569.01million, up 2.2% y/y
APAC saw 13.7% decline, AMERICAS region reported revenue growth of 17.5% y/y
Grammer has reported first quarter revenue at EUR514.99 million (USD569.01 million) with a year-on-year (y/y) increase of 2.2% compared to EUR503.71 million in the first quarter of 2021 for the three months ended 31 March 2022, according to a filing by the company on 28 April. Operating loss was reported at EUR1.21 million for the first quarter of 2022 compared to EUR22.62 million in 2021. Net loss was reported at EUR8.03 million, compared to EUR13.33 million for the first quarter of 2021.
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