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PRESS RELEASE: Grammer presenting innovative passenger seats for urban and interurban buses

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DGAP-News: Grammer AG / Key word(s): Miscellaneous
Grammer presenting innovative passenger seats for urban and interurban buses

2019-10-18 / 13:56
The issuer is solely responsible for the content of this announcement.

*Grammer presenting innovative passenger seats for urban and interurban
buses*

_- Expansion of product portfolio opening up further attractive markets_

_- Grammer establishing itself as a full line supplier in the bus segment _

_- Selected seating solutions on display at Busworld Europe 2019_

*Brussels, Belgium / Amberg, Germany, October 18, 2019 *- Grammer AG is
returning to bus business with a comprehensive range of passenger seats for
urban and interurban buses. "In our view, the bus market will benefit
greatly from the changes in individual mobility in the future. For this
reason, we have decided to return to the bus market with a newly developed
range of state-of-the-art passenger seats and to gain market share with
these innovative products," says Timo Bauer, Vice President of Grammer
Railway Interior GmbH.

Grammer will be presenting important new additions to its innovative range
of modern passenger seats to the public for the first time at Busworld
Europe, the industry's leading trade fair taking place in Brussels from
October 18 to 23, 2019. In developing its sophisticated solutions, Grammer
has been able to harness diverse synergistic effects from its Commercial
Vehicles division. The declared strategic goal is for Grammer to evolve into
a full-line supplier in the bus sector as well and to offer integrated
solutions enhancing comfortable and safe bus travel. "With our intelligent
and functional seats for buses, we are perfectly positioned to achieve this.
Our range of driver and passenger seats for buses is strictly geared to the
specific requirements of the market. At the same time, our customers are
able to benefit from the many years of experience that we have gained in
developing driver and passenger seats in the rail sector," Timo Bauer adds.

Further information on Grammer Railway Interior GmbH's product highlights in
the bus and rail sector can be found at https://myseatlounge.grammer.com
[1].

*Company profile*

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, we supply 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 approximately 15,000 employees, Grammer operates in 19 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
investor-relations@grammer.com

2019-10-18 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.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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: investor-relations@grammer.com
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: 892463

End of News DGAP News Service

892463 2019-10-18


1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=319e0357e4fa706ccf8e9e17d21a5011&application_id=892463&site_id=vwd&application_name=news


(END) Dow Jones Newswires

October 18, 2019 07:56 ET ( 11:56 GMT)
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