Grammer AG provided earnings guidance for the second quarter of 2021. The company expected group revenue of around EUR 469 million for the second quarter of 2021, significantly above the previous year's figure (2020: EUR 280.9 million). The slight decline in revenue compared with the first quarter of 2021 is primarily due to the significant reductions in certain customer call-offs resulting from the limited availability of semiconductor components in the AMERICAS. In addition, earnings in the second quarter were negatively impacted in particular by one-time exceptional effects from the sale of a subsidiary in EMEA. This was a measure under the program initiated in the previous year to improve the cost structure and to strengthen competitiveness on a sustained basis. Accordingly, earnings before interest and taxes (EBIT) are expected to come to around EUR 5 million (2020: - EUR 50.9 million).