Board Change • Jun 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Deputy Employee Representative Director Merja Renfors was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 21
Dividend of kr1.70 announced Shareholders will receive a dividend of kr1.70. Ex-date: 13th November 2026 Payment date: 19th November 2026 Dividend yield will be 1.9%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but not covered by cash flows (158% cash payout ratio). The dividend has increased by an average of 5.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • May 20
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. Independent Director Mats Backman is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Ankündigung • Jan 09
Gränges AB (publ) to Report Fiscal Year 2025 Final Results on Mar 17, 2026 Gränges AB (publ) announced that they will report fiscal year 2025 final results on Mar 17, 2026 Ankündigung • Sep 15
Gränges AB (publ), Annual General Meeting, May 12, 2026 Gränges AB (publ), Annual General Meeting, May 12, 2026, at 15:30 W. Europe Standard Time. Location: stockholm Sweden Ankündigung • May 12
Gränges AB (Publ) Approves Dividend, Payable on May 19, 2025, and on November 19, 2025 Respectively Gränges AB (publ) announced at the AGM held on May 12, 2025, approved on a dividend of SEK 3.20 per share and that the remaining profits are carried forward. The dividend is to be divided into two payments of SEK 1.60 per payment. The General Meeting further resolved, in accordance with the Board of Directors’ proposal, that the record date for the first dividend shall be May 14, 2025, and the record date for the second dividend shall be November 14, 2025. The dividend is expected to be paid out by Euroclear Sweden AB on May 19, 2025, and on November 19, 2025. Ankündigung • May 10
Gränges Announces Sofia Hedevåg Decides to Leave as SVP Sustainability Gränges announced that Sofia Hedevåg, SVP Sustainability, has decided to leave her role to pursue new opportunities outside the Group. Sofia has been employed at Gränges since 2017 and has been a member of the Group Management since 2021. Ankündigung • Apr 01
Gränges AB (publ) Proposes Dividend, Payable on May 19, 2025, and November 19, 2025 Gränges AB (publ) at its AGM to be held on May 12, 2025, proposed that the retained earnings of SEK 3,817,579,559 be appropriated as follows: Payment to the shareholders of a dividend of SEK 340,187,578 which is equivalent to SEK 3.20 per share, and the remaining amount of SEK 3,477,391,982 to be carried forward. It is proposed that the dividend is divided into two payments of SEK 1.60 per payment. The first record date is proposed to be May 14, 2025, and the second record date is proposed to be November 14, 2025. If the General Meeting resolve in accordance with the proposal, the dividend is expected to be distributed through Euroclear Sweden AB on May 19, 2025, and on November 19, 2025. Ankündigung • Jan 31
Gränges AB (publ), Annual General Meeting, May 12, 2025 Gränges AB (publ), Annual General Meeting, May 12, 2025, at 15:30 W. Europe Standard Time. Location: iva conference center, grev turegatan 16, stockholm. Sweden Ankündigung • Jan 30
Gränges AB (publ) to Report Fiscal Year 2024 Final Results on Mar 18, 2025 Gränges AB (publ) announced that they will report fiscal year 2024 final results on Mar 18, 2025 Ankündigung • May 09
Gränges AB (publ) Approves Dividend, Payable on May 16, 2024 and November 15, 2024 Gränges AB (publ) announced that at the AGM was held on May 8, 2024, the company approved a dividend of SEK 3 per share and that the remaining profits are carried forward. The dividend is to be divided into two payments of SEK 1.50 per payment. The General Meeting resolved that the record date for the first dividend shall be May 13, 2024, and the record date for the second dividend shall be November 12, 2024. The dividend is expected to be paid out by Euroclear Sweden AB on May 16, 2024, and on November 15, 2024. Reported Earnings • Mar 22
Full year 2023 earnings released: EPS: kr9.50 (vs kr6.59 in FY 2022) Full year 2023 results: EPS: kr9.50 (up from kr6.59 in FY 2022). Revenue: kr22.5b (down 8.1% from FY 2022). Net income: kr1.01b (up 44% from FY 2022). Profit margin: 4.5% (up from 2.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Mar 21
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Emma Lamprecht was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 20
Gränges AB (publ) Announces Board Changes Gränges AB (publ) announced that Katarina Lindström and Hans Porat are not available for re-election and will leave the Board of Directors in conjunction with the AGM. Katarina Lindström and Hans Porat will leave the Board of Directors in conjunction with the 2024 AGM. They were both elected to Gränges' Board in 2016 and have taken a highly active role, in particular regarding the acquisitions of Noranda in the US in 2016 and Aluminium Konin in Poland in 2020, as well as the development of Gränges' Navigate strategy for sustainable growth. Katarina has been a member of the Audit Committee, and Hans has been a member of the Remuneration Committee. Ankündigung • Jan 30
Gränges AB (publ) to Report Fiscal Year 2023 Results on Mar 19, 2024 Gränges AB (publ) announced that they will report fiscal year 2023 results on Mar 19, 2024 Ankündigung • Oct 27
Gränges AB (Publ) Provides Earnings Guidance for the Fourth Quarter 2023 Gränges AB (publ) provided earnings guidance for the Fourth quarter 2023. For the quarter, company expect sales volume roughly in line with the same quarter 2022. Board Change • Oct 10
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Gunilla Saltin was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jul 16
Gränges AB (publ) Provides Earnings Guidance for the Third Quarter of 2023 Gränges AB (publ) provided earnings guidance for the third quarter of 2023. The company expects the third quarter to behave something like the second quarter. This translates into an expected decline year-on-year by a mid- to high single-digit percentage when it comes to sales volume, and that also corresponds then, of course, to decline relative to the second quarter of 2023. The operating profit per tonne to be weaker sequentially than the second quarter of 2023, but The company expects it to be stronger than last year. The company expects slightly lower sales volume in the third quarter versus second quarter. Ankündigung • Jul 14
Gränges AB (publ) to Report Q1, 2024 Results on Apr 25, 2024 Gränges AB (publ) announced that they will report Q1, 2024 results on Apr 25, 2024 Ankündigung • Jun 15
Gränges AB (Publ) Announces Dividend Payable on 21 June 2023 Gränges AB (Publ) announced that the General Meeting resolved, in accordance with the Board of Directors’ proposal, on a dividend of SEK 2.50 per share with the record date of 16 June 2023. The dividend is expected to be paid out by Euroclear Sweden AB on 21 June 2023. Ankündigung • May 04
Gränges AB (publ) Proposes Dividend, Payable on 21 June 2023 Gränges AB (publ) proposed a dividend of SEK 2.50 per share at its Annual General Meeting to be held on 14 June 2023. The proposed record date for the dividend is 16 June 2023. If the General Meeting resolves in accordance with the proposal, the dividend is expected to be distributed through Euroclear Sweden AB on 21 June 2023. Board Change • Apr 12
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Employee Representative Director Emelie Gunnstedt was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 20
Full year 2022 earnings released: EPS: kr6.59 (vs kr5.60 in FY 2021) Full year 2022 results: EPS: kr6.59 (up from kr5.60 in FY 2021). Revenue: kr24.5b (up 35% from FY 2021). Net income: kr700.0m (up 18% from FY 2021). Profit margin: 2.9% (down from 3.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Mar 18
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Emelie Gunnstedt was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Emelie Gunnstedt was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 27
Gränges AB (publ) to Report Q4, 2022 Final Results on Mar 16, 2023 Gränges AB (publ) announced that they will report Q4, 2022 final results on Mar 16, 2023 Reported Earnings • Jan 27
Full year 2022 earnings released: EPS: kr6.59 (vs kr5.60 in FY 2021) Full year 2022 results: EPS: kr6.59 (up from kr5.60 in FY 2021). Revenue: kr24.5b (up 35% from FY 2021). Net income: kr700.0m (up 18% from FY 2021). Profit margin: 2.9% (down from 3.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 2.1% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Board Change • Jan 26
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Steve Armstrong was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 15
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Steve Armstrong was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 22
Third quarter 2022 earnings released: EPS: kr1.47 (vs kr1.44 in 3Q 2021) Third quarter 2022 results: EPS: kr1.47 (up from kr1.44 in 3Q 2021). Revenue: kr6.17b (up 34% from 3Q 2021). Net income: kr156.0m (up 2.0% from 3Q 2021). Profit margin: 2.5% (down from 3.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year. Recent Insider Transactions • Mar 22
Deputy CEO & CFO recently bought kr733k worth of stock On the 18th of March, Oskar Hellstrom bought around 9k shares on-market at roughly kr84.23 per share. This was the largest purchase by an insider in the last 3 months. Oskar has been a buyer over the last 12 months, purchasing a net total of kr820k worth in shares. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 22% share price gain to kr122, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 54% over the past three years. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to kr94.15, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 7x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 18% over the past three years. Recent Insider Transactions • Oct 24
General Counsel recently bought kr96k worth of stock On the 22nd of October, Niclas Nelson bought around 1k shares on-market at roughly kr96.27 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.8m more in shares than they have sold in the last 12 months. Reported Earnings • Oct 22
Third quarter 2021 earnings released: EPS kr1.44 (vs kr1.64 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: kr4.62b (up 80% from 3Q 2020). Net income: kr153.0m (up 23% from 3Q 2020). Profit margin: 3.3% (down from 4.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Executive Departure • May 12
Independent Director has left the company On the 6th of May, Ragnhild Wiborg's tenure as Independent Director ended after 6.9 years in the role. As of December 2020, Ragnhild personally held only 1.18k shares (kr119k worth at the time). A total of 2 executives have left over the last 12 months. Upcoming Dividend • Apr 30
Upcoming dividend of kr1.10 per share Eligible shareholders must have bought the stock before 07 May 2021. Payment date: 14 May 2021. Trailing yield: 1.0%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (5.0%). Recent Insider Transactions • Apr 26
Deputy CEO & CFO recently bought kr87k worth of stock On the 23rd of April, Oskar Hellstrom bought around 723 shares on-market at roughly kr120 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr300k. This was Oskar's only on-market trade for the last 12 months. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS kr2.25 (vs kr1.76 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr4.04b (up 32% from 1Q 2020). Net income: kr239.0m (up 80% from 1Q 2020). Profit margin: 5.9% (up from 4.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Mar 20
Full year 2020 earnings released: EPS kr4.21 (vs kr7.95 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr11.0b (down 8.1% from FY 2019). Net income: kr363.0m (down 40% from FY 2019). Profit margin: 3.3% (down from 5.0% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 18
New 90-day high: kr106 The company is up 4.0% from its price of kr102 on 19 November 2020. The British market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr259 per share. Recent Insider Transactions • Feb 13
Insider recently bought kr250k worth of stock On the 5th of February, Camilla Weiner bought around 3k shares on-market at roughly kr99.86 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr300k. Insiders have collectively bought kr2.2m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 12
Insider recently bought kr250k worth of stock On the 5th of February, Camilla Weiner bought around 3k shares on-market at roughly kr99.86 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr300k. Insiders have collectively bought kr2.2m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 06
Insider recently bought kr300k worth of stock On the 28th of January, Magnus Carlström bought around 3k shares on-market at roughly kr96.00 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.9m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 03
Insider recently bought kr298k worth of stock On the 28th of January, Paul Neutjens bought around 3k shares on-market at roughly kr94.63 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.6m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 30
General Counsel recently bought kr93k worth of stock On the 28th of January, Niclas Nelson bought around 972 shares on-market at roughly kr95.50 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr245k. Insiders have collectively bought kr1.3m more in shares than they have sold in the last 12 months. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS kr4.21 (vs kr7.95 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr11.0b (down 8.1% from FY 2019). Net income: kr363.0m (down 40% from FY 2019). Profit margin: 3.3% (down from 5.0% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue misses expectations Revenue missed analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 38%, compared to a 12% growth forecast for the Metals and Mining industry in the United Kingdom. Is New 90 Day High Low • Jan 21
New 90-day high: kr105 The company is up 19% from its price of kr88.15 on 23 October 2020. The British market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr98.68 per share. Recent Insider Transactions • Dec 30
Insider recently bought kr245k worth of stock On the 22nd of December, Camilla Weiner bought around 3k shares on-market at roughly kr97.83 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.2m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 27
Insider recently bought kr245k worth of stock On the 22nd of December, Camilla Weiner bought around 3k shares on-market at roughly kr97.83 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.2m more in shares than they have sold in the last 12 months. 
