View ValuationGränges 将来の成長Future 基準チェック /26Gränges利益と収益がそれぞれ年間14%と9.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に12.6% 13.9%なると予測されています。主要情報14.0%収益成長率13.92%EPS成長率Metals and Mining 収益成長19.3%収益成長率9.2%将来の株主資本利益率12.64%アナリストカバレッジLow最終更新日26 Apr 2026今後の成長に関する最新情報お知らせ • Oct 27Gränges AB (Publ) Provides Earnings Guidance for the Fourth Quarter 2023Gränges 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.お知らせ • Jul 16Gränges AB (publ) Provides Earnings Guidance for the Third Quarter of 2023Gränges 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.お知らせ • Jan 28+ 1 more updateGränges AB (Publ) Provides Sales Guidance for the First Quarter 2023Gränges AB (publ) provides sales guidance for the first quarter 2023. The company expects sales volume in the first quarter of 2023 to improve around 10% relative to the fourth quarter of 2022.お知らせ • Jun 21Gränges AB (Publ) Provides Earnings Guidance for the Second Quarter of 2022Gränges AB (publ) provided earnings guidance for the second quarter of 2022. the group sales volume is expected to be above 90% of the sales volume in the corresponding quarter last year. Profit margins are expected to continue to improve compared with the first quarter with price adjustments increasingly compensating for cost increases.すべての更新を表示Recent updatesお知らせ • Jan 09Gränges AB (publ) to Report Fiscal Year 2025 Final Results on Mar 17, 2026Gränges AB (publ) announced that they will report fiscal year 2025 final results on Mar 17, 2026お知らせ • Sep 16+ 1 more updateGränges AB (publ) to Report First Half, 2026 Results on Jul 16, 2026Gränges AB (publ) announced that they will report first half, 2026 results on Jul 16, 2026お知らせ • Sep 15Gränges AB (publ), Annual General Meeting, May 12, 2026Gränges AB (publ), Annual General Meeting, May 12, 2026, at 15:30 W. Europe Standard Time. Location: stockholm Swedenお知らせ • Jul 11+ 1 more updateGränges AB (publ) to Report Fiscal Year 2025 Results on Jan 29, 2026Gränges AB (publ) announced that they will report fiscal year 2025 results on Jan 29, 2026お知らせ • May 12Gränges AB (Publ) Approves Dividend, Payable on May 19, 2025, and on November 19, 2025 RespectivelyGränges 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.お知らせ • May 10Gränges Announces Sofia Hedevåg Decides to Leave as SVP SustainabilityGränges 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.お知らせ • Apr 01Gränges AB (publ) Proposes Dividend, Payable on May 19, 2025, and November 19, 2025Gränges 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.お知らせ • Jan 31Gränges AB (publ), Annual General Meeting, May 12, 2025Gränges AB (publ), Annual General Meeting, May 12, 2025, at 15:30 W. Europe Standard Time. Location: iva conference center, grev turegatan 16, stockholm. Swedenお知らせ • Jan 30Gränges AB (publ) to Report Fiscal Year 2024 Final Results on Mar 18, 2025Gränges AB (publ) announced that they will report fiscal year 2024 final results on Mar 18, 2025Upcoming Dividend • Nov 04Upcoming dividend of kr1.50 per shareEligible shareholders must have bought the stock before 11 November 2024. Payment date: 15 November 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.1%).Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: kr2.68 (vs kr3.12 in 3Q 2023)Third quarter 2024 results: EPS: kr2.68 (down from kr3.12 in 3Q 2023). Revenue: kr5.75b (up 3.1% from 3Q 2023). Net income: kr285.0m (down 14% from 3Q 2023). Profit margin: 5.0% (down from 6.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 09+ 2 more updatesGränges AB (publ) to Report Q1, 2025 Results on Apr 25, 2025Gränges AB (publ) announced that they will report Q1, 2025 results on Apr 25, 2025Reported Earnings • Jul 14Second quarter 2024 earnings released: EPS: kr2.95 (vs kr2.97 in 2Q 2023)Second quarter 2024 results: EPS: kr2.95 (down from kr2.97 in 2Q 2023). Revenue: kr6.15b (up 2.3% from 2Q 2023). Net income: kr314.0m (flat on 2Q 2023). Profit margin: 5.1% (down from 5.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • May 09Gränges AB (publ) Approves Dividend, Payable on May 16, 2024 and November 15, 2024Gränges 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.Upcoming Dividend • May 03Upcoming dividend of kr1.50 per shareEligible shareholders must have bought the stock before 10 May 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.8%).Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: kr2.23 (vs kr2.39 in 1Q 2023)First quarter 2024 results: EPS: kr2.23 (down from kr2.39 in 1Q 2023). Revenue: kr5.43b (down 9.0% from 1Q 2023). Net income: kr237.0m (down 6.7% from 1Q 2023). Profit margin: 4.4% (up from 4.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 22Full 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 Europe. 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 6% per year, which means it is significantly lagging earnings.お知らせ • Feb 20Gränges AB (publ) Announces Board ChangesGränges 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.お知らせ • Jan 30Gränges AB (publ) to Report Fiscal Year 2023 Results on Mar 19, 2024Gränges AB (publ) announced that they will report fiscal year 2023 results on Mar 19, 2024Reported Earnings • Jan 25Full 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 11% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. 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 2% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 28Third quarter 2023 earnings released: EPS: kr3.13 (vs kr1.47 in 3Q 2022)Third quarter 2023 results: EPS: kr3.13 (up from kr1.47 in 3Q 2022). Revenue: kr5.58b (down 9.7% from 3Q 2022). Net income: kr332.0m (up 113% from 3Q 2022). Profit margin: 6.0% (up from 2.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 27Gränges AB (Publ) Provides Earnings Guidance for the Fourth Quarter 2023Gränges 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.お知らせ • Oct 23+ 2 more updatesGränges AB (publ) to Report Q3, 2024 Results on Oct 24, 2024Gränges AB (publ) announced that they will report Q3, 2024 results on Oct 24, 2024お知らせ • Sep 22+ 1 more updateGränges AB (publ), Annual General Meeting, May 08, 2024Gränges AB (publ), Annual General Meeting, May 08, 2024, at 15:30 Central European Standard Time.お知らせ • Jul 16Gränges AB (publ) Provides Earnings Guidance for the Third Quarter of 2023Gränges 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.New Risk • Jul 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: kr2.97 (vs kr2.78 in 2Q 2022)Second quarter 2023 results: EPS: kr2.97 (up from kr2.78 in 2Q 2022). Revenue: kr6.01b (down 13% from 2Q 2022). Net income: kr316.0m (up 7.1% from 2Q 2022). Profit margin: 5.3% (up from 4.3% in 2Q 2022). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 1.0% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 14Gränges AB (publ) to Report Q1, 2024 Results on Apr 25, 2024Gränges AB (publ) announced that they will report Q1, 2024 results on Apr 25, 2024Buying Opportunity • Jun 27Now 20% undervaluedOver the last 90 days, the stock is up 8.8%. The fair value is estimated to be €10.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 7.4%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 60% in the next 2 years.お知らせ • Jun 15Gränges AB (Publ) Announces Dividend Payable on 21 June 2023Gränges 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.Upcoming Dividend • Jun 08Upcoming dividend of kr2.50 per share at 2.5% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 21 June 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (8.7%).Buying Opportunity • May 23Now 20% undervaluedOver the last 90 days, the stock is up 9.6%. The fair value is estimated to be €10.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 7.4%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 60% in the next 2 years.お知らせ • May 04Gränges AB (publ) Proposes Dividend, Payable on 21 June 2023Gränges 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.Reported Earnings • Mar 20Full 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 Europe 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 • Feb 01High number of new directorsThere 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.お知らせ • Jan 28+ 1 more updateGränges AB (Publ) Provides Sales Guidance for the First Quarter 2023Gränges AB (publ) provides sales guidance for the first quarter 2023. The company expects sales volume in the first quarter of 2023 to improve around 10% relative to the fourth quarter of 2022.お知らせ • Jan 27Gränges AB (publ) to Report Q4, 2022 Final Results on Mar 16, 2023Gränges AB (publ) announced that they will report Q4, 2022 final results on Mar 16, 2023Reported Earnings • Jan 27Full 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 3.1% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.Board Change • Jan 15High number of new directorsThere 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.お知らせ • Oct 26Jörgen Rosengren acquired an unknown minority stake in Gränges AB (publ) for SEK 2.5 million.Jörgen Rosengren acquired an unknown minority stake in Gränges AB (publ) for SEK 2.5 million on October 25, 2022.Jörgen Rosengren completed the acquisition of an unknown minority stake in Gränges AB (publ) on October 25, 2022.Reported Earnings • Oct 21Third 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 3.2% decline forecast for the Metals and Mining industry in Europe. 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 9% per year.お知らせ • Sep 22Gränges AB (publ) Announces Nomination Committee AppointmentsThe Nomination Committee for Gränges AB (publ)’s Annual General Meeting 2023 has been appointed. The Nomination Committee shall consist of representatives from the three largest shareholders and the Chairman of the Board. As of 31 August 2022, Gränges’ three largest shareholders were The Fourth Swedish National Pension Fund (AP4), AFA Insurance and Swedbank Robur funds, which have been invited to nominate candidates for the Nomination Committee. The Nomination Committee for the Annual General Meeting 2023 has the following members: Jannis Kitsakis (AP4), Anders Algotsson (AFA Insurance), Jan Dworsky (Swedbank Robur funds) and Fredrik Arp (Chairman of the Board of Gränges). The Chairman of the Nomination Committee is Jannis Kitsakis. The Nomination Committee represents Gränges’ shareholders. It proposes to the Annual General Meeting nominations for Chairman of the Board, members of the Board, auditor and auditor’s fees, Chairman of the Annual General Meeting, as well as fees for Board and committee work.お知らせ • Aug 11Gränges Recruits William B. Shannon as Senior Vice President, Global Battery Foil Program, Effective 1 September 2022Gränges has recruited William B. Shannon as the Senior Vice President for Gränges' Global Battery Foil Program. He is currently the COO of the New York-based Li-Ion battery cell producer iM3NY and has over 30 years of experience within the battery industry and will be an important contributor to taking Gränges' expansion in this industry into its next phase. Mr. Shannon holds a BA in Business Administration and Management from Eastern Connecticut State University. Prior to his position at iM3NY, he held several senior positions at companies such as Heitkamp & Thumann Group and Duracell. Mr. Shannon will join Gränges on 1 September 2022, and will report to Gränges' President and CEO.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 18% share price gain to €8.99, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total returns to shareholders of 14% over the past three years.Reported Earnings • Jul 16Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: kr6.88b (up 49% from 2Q 2021). Net income: kr295.0m (up 31% from 2Q 2021). Profit margin: 4.3% (down from 4.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.2%, compared to a 29% growth forecast for the industry in Germany.お知らせ • Jul 15Gränges AB (publ), Annual General Meeting, Apr 27, 2023Gränges AB (publ), Annual General Meeting, Apr 27, 2023.お知らせ • Jul 12+ 2 more updatesGränges AB (publ) to Report First Half, 2023 Results on Jul 14, 2023Gränges AB (publ) announced that they will report first half, 2023 results on Jul 14, 2023お知らせ • Jun 22Gränges Launches its Sustainable Product Brand Gränges EndureGränges AB (publ) announced the launch of its product brand for sustainable and circular solutions, Gränges Endure. The brand makes it easier for customers to select sustainable aluminum products and solutions of the highest quality at the lowest sustainability impact. Gränges Endure products are based on low-carbon and recycled input materials. Gränges Endure products have a third-party verified carbon footprint of maximum 4.0 tonnes CO2e/tonne, measured from extraction of bauxite to the delivery of Gränges' products to customers (cradle-to-gate). The products are also verified by a third party to be responsibly sourced and produced. Gränges has been a leader in innovative aluminum solutions for decades. The company has a demonstrated industry-leading sustainability performance. EcoVadis, the largest independent provider of business sustainability ratings, has for example awarded Gränges a Platinum rating which ranks the company in the top 1% of companies assessed globally in the industry. Gränges' strategic priority is to offer customers industry-leading sustainable products and solutions that have a low climate impact, are circular and resource efficient as well as responsibly sourced and produced. Gränges Endure makes it easier for customers to select sustainable products of the highest quality and with the lowest sustainability impact.お知らせ • Jun 21Gränges AB (Publ) Provides Earnings Guidance for the Second Quarter of 2022Gränges AB (publ) provided earnings guidance for the second quarter of 2022. the group sales volume is expected to be above 90% of the sales volume in the corresponding quarter last year. Profit margins are expected to continue to improve compared with the first quarter with price adjustments increasingly compensating for cost increases.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €7.77, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total loss to shareholders of 6.4% over the past three years.Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to €7.99, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 14% over the past three years.お知らせ • May 05Gränges AB (Publ) Approves Dividend, Payable on May 11, 2022Gränges AB (publ) announced that the general meeting held on May 4, 2022, resolved, in accordance with the Board of Directors’ proposal, on a dividend of SEK 2.25 per share with the record date of 6 May 2022. The dividend is expected to be paid out by Euroclear Sweden AB on 11 May 2022.Upcoming Dividend • Apr 28Upcoming dividend of kr2.25 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.0%). Lower than average of industry peers (7.8%).Recent Insider Transactions • Apr 28Independent Director recently bought €87k worth of stockOn the 22nd of April, Peter Carlsson bought around 10k shares on-market at roughly €8.65 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €167k more in shares than they have sold in the last 12 months.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: kr2.46 (vs kr2.25 in 1Q 2021)First quarter 2022 results: EPS: kr2.46 (up from kr2.25 in 1Q 2021). Revenue: kr6.08b (up 50% from 1Q 2021). Net income: kr261.0m (up 9.2% from 1Q 2021). Profit margin: 4.3% (down from 5.9% in 1Q 2021). Over the next year, revenue is forecast to grow 18%, compared to a 34% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 22First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: kr6.08b (up 50% from 1Q 2021). Net income: kr261.0m (up 9.2% from 1Q 2021). Profit margin: 4.3% (down from 5.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 34% growth forecast for the industry in Germany.お知らせ • Apr 21Gränges' Proposes Dividend for the 2021, Payable on 11 May 2022Gränges' Board of Directors proposed a dividend of SEK 2.25 (1.10) per share for the 2021 fiscal year, in total SEK 239 million (117), which corresponds to 40% of the profit for the year 2021. The proposed record date for the dividend is 6 May 2022. If the AGM resolves in accordance with the proposal, the dividend is expected to be distributed through Euroclear Sweden AB on 11 May 2022.Recent Insider Transactions • Mar 22Deputy CEO & CFO recently bought €70k worth of stockOn the 18th of March, Oskar Hellstrom bought around 9k shares on-market at roughly €8.09 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 €79k worth in shares.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €7.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 9.7% over the past three years.お知らせ • Feb 15Gränges AB (publ) Announces Executive Change for Gränges EuropeEffective March 1, 2022, Fredrik Spens will take over as President, Gränges Europe, succeeding Jörgen Rosengren who has held the position on an interim basis. Starting the same date, Fredrik will also be a member of the Group Management Team of Gränges.お知らせ • Feb 05Gränges AB (Publ) Announces Resignation of Carina Andersson from Board of DirectorsGränges AB (publ) announced that Carina Andersson, who has served on the Board since 2014, has chosen to resign and will leave the Board of Directors in conjunction with the AGM.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improved over the past weekAfter last week's 24% share price gain to €11.35, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 50% over the past three years.Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: kr5.60 (up from kr4.21 in FY 2020). Revenue: kr18.1b (up 65% from FY 2020). Net income: kr595.0m (up 64% from FY 2020). Profit margin: 3.3% (in line with FY 2020). Revenue exceeded analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 13%, compared to a 16% growth forecast for the mining industry in Germany. 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 1% per year, which means it is well ahead of earnings.お知らせ • Jan 28Gränges AB (Publ) Proposes Dividend for the Profit for the Year December 2021Gränges AB (publ) to proposes dividend for the profit for the year December 2021. The Board of Directors proposes a dividend of SEK 2.25 against SEK 1.10 per share, corresponding to 40% (32%) of the profit for the year.Reported Earnings • Oct 22Third 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 • Aug 05CEO & President Johan Menckel has left the companyOn the 31st of July, Johan Menckel was replaced as CEO by Oskar Hellstrom. As of March 2021, Johan still personally held 52.00k shares (€568k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 5.79 years.Executive Departure • May 12Independent Director has left the companyOn 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 (€12k worth at the time). A total of 2 executives have left over the last 12 months.お知らせ • May 07Gränges AB (publ) Approves Dividend, Payable on 14 May 2021Gränges AB (publ) announced that at the AGM held on May 6, 2021, the company resolved, in accordance with the Board of Directors' proposal, on a dividend of SEK 1.10per share with the record date on 10 May 2021. The dividend is expected to be paid out by Euroclear Sweden AB on 14 May 2021.Upcoming Dividend • Apr 30Upcoming dividend of kr1.10 per shareEligible shareholders must have bought the stock before 07 May 2021. Payment date: 14 May 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (4.5%).Recent Insider Transactions • Apr 28Deputy CEO & CFO recently bought €8.6k worth of stockOn the 23rd of April, Oskar Hellstrom bought around 723 shares on-market at roughly €11.84 per share. In the last 3 months, there was an even bigger purchase from another insider worth €25k. This was Oskar's only on-market trade for the last 12 months.Reported Earnings • Apr 24First 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 increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Mar 20Full 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 9% per year, which means it is well ahead of earnings.お知らせ • Mar 14Gränges AB (Publ) Announces Management ChangesGränges AB (Publ) has appointed Sofia Hedevåg, currently SVP Sustainability at Gränges AB, to be a member of Gränges' Group Management and report to CEO Johan Menckel. Sofia has since 15 May 2020 been a member of Gränges' extended Group Management. SVP Corporate Responsibility & Communication, Camilla Weiner, who has been a member of Gränges' Group Management since 2019, has informed that she will leave Gränges to continue with assignments in her own business. The changes above will be effectuated from 1 April 2021.お知らせ • Mar 12Gränges AB (publ) Announces Ragnhild Wiborg to Resign from the Board of DirectorsGränges AB (publ) announced that Ragnhild Wiborg, who has served on the Board since 2014, has chosen to resign and will leave the Board of Directors in conjunction with the AGM.Is New 90 Day High Low • Feb 23New 90-day high: €10.81The company is up 14% from its price of €9.49 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 56% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.65 per share.Recent Insider Transactions • Feb 06Insider recently bought €30k worth of stockOn the 28th of January, Magnus Carlström bought around 3k shares on-market at roughly €9.51 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €188k more in shares than they have sold in the last 12 months.Reported Earnings • Jan 30Full 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 2% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Jan 30Revenue misses expectationsRevenue missed analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 38%, compared to a 13% growth forecast for the Metals and Mining industry in Germany.お知らせ • Jan 28+ 2 more updatesGränges AB (publ) to Report Fiscal Year 2020 Results on Mar 18, 2021Gränges AB (publ) announced that they will report fiscal year 2020 results on Mar 18, 2021お知らせ • Jan 19Gränges AB (publ) to Report Fiscal Year 2020 Results on Jan 28, 2021Gränges AB (publ) announced that they will report fiscal year 2020 results at 7:30 AM, Central European Standard Time on Jan 28, 2021お知らせ • Jan 14+ 1 more updateGränges AB Announces Resignation of Johan Menckel as President, Effective on 1 August, 2021Gränges AB, CEO and President Johan Menckel has informed the board that he has decided to leave his position after 8 years. He will remain in his role until 1 August, 2021.Is New 90 Day High Low • Jan 12New 90-day high: €10.15The company is up 14% from its price of €8.90 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 56% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.71 per share.Recent Insider Transactions • Dec 28Insider recently bought €24k worth of stockOn the 22nd of December, Camilla Weiner bought around 3k shares on-market at roughly €9.65 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €119k more in shares than they have sold in the last 12 months.お知らせ • Nov 09Gränges Appoints New Management for the Operations in EuropeGränges' announced operations in Europe consist of the acquired business Aluminium Konin in Poland, the operations in Finspång in Sweden, and the business unit Gränges Powder Metallurgy. The name of the acquired business in Poland will be changed to Gränges Konin S.A., and the name of the Swedish unit will be changed from Gränges Sweden AB to Gränges Finspång AB. Torbjörn Sternsjö, currently SVP Technology & Business Development at Gränges Group, has been appointed President Europe, with responsibility for Gränges' operations in Europe. Torbjörn has extensive experience of driving development and change in leading positions in international operations, among others in Gränges and Sapa. Torbjörn Sternsjö will take on his position on 9 November 2020 and will continue to be a member of Gränges' Group Management and report to the CEO of Gränges. Fredrik Spens, currently Marketing & Sales Director for the operations in Finspång, has been appointed Managing Director Gränges Finspång. Fredrik has solid experience from international operations and senior positions, among others in Sandvik. Fredrik Spens will take on his position on 1 January 2021, will be part of Gränges Europe's management team and report to President Europe. Piotr Szeliga, President of Impexmetal and CEO of the Konin plant, has been appointed Managing Director Gränges Konin. Piotr has a long and broad experience from, among other things, various senior positions within the Boryszew Group, one of the largest industrial conglomerates in Poland. Piotr Szeliga will take on his position on 9 November 2020, be part of Gränges Europe's management team and report to President Europe. Jörgen Abrahamsson, currently President Europe and Managing Director for the operations in Finspång, has been appointed VP Integration & Operational Excellence, a new role focusing on operational development, continuous improvements and integration of Gränges' operations in Europe. Jörgen has a long and broad experience of leading and operational roles within Gränges. Jörgen Abrahamsson will take on his new position on 1 January 2021 and continues as Managing Director for the operations in Finspång until 31 December 2020. Jörgen will leave Gränges' Group Management on 9 November and will then be part of Gränges Europe's management team and report to President Europe.お知らせ • Nov 07Gränges AB (publ) (OM:GRNG) completed the acquisition of Aluminium Konin-Impexmetal S.A from Boryszew S.A. (WSE:BRS) for SEK 2.2 billion Enterprise Value.Gränges AB (publ) (OM:GRNG) signed an agreement to acquire Aluminium Konin-Impexmetal S.A from Boryszew S.A. (WSE:BRS) for SEK 2.3 billion Enterprise Value on November 28, 2019. The consideration will be paid in cash and debt free basis. On October 7, 2020 Gränges AB and Boryszew S.A signed an agreement on a new structure for the payment of the purchase price. Aluminium Konin-Impexmetal S.A will be a wholly owned subsidiary of Gränges AB. To finance the acquisition, Danske Bank, Nordea Bank and Svenska Handelsbanken are providing a SEK 2.3 billion bridge loan facility with a time to maturity of 18 months. The transaction is subject to approval by regulatory board/committee and antitrust regulations. On September 23, 2020, the acquisition was approved by the EU Commission. The closing of the transaction is expected in the second quarter of 2020. Approximately SEK 1.5 billion of the Rights Issue proceeds will be used to finance part of the Transaction, and approximately SEK 0.5 billion will be used for future growth investments in line with Gränges AB strategy. The transaction is expected to be EPS accretive within twelve months from its completion. Gränges AB (publ) (OM:GRNG) completed the acquisition of Aluminium Konin-Impexmetal S.A from Boryszew S.A. (WSE:BRS) for for SEK 2.2 billion Enterprise Value on November 6, 2020.お知らせ • Sep 24Gränges AB (publ) (OM:GRNG) entered into an agreement to acquire Impexmetal S.A. from Boryszew S.A. (WSE:BRS) for approximately PLN 940 million.Gränges AB (publ) (OM:GRNG) entered into a preliminary conditional agreement to acquire Impexmetal S.A. from Boryszew S.A. (WSE:BRS) for approximately PLN 940 million on November 27, 2019. Gränges AB (publ) (OM:GRNG) entered into an agreement to acquire Impexmetal S.A. from Boryszew S.A. (WSE:BRS) on November 28, 2019. The consideration is on a cash and debt free basis. The purchase price is subject to standard adjustments to the Enterprise Value, based on, among others: net debt, net working capital, pre-paid capex and other adjustments resulting from the terms and conditions of the Transaction. The transaction is financed by bridge loan facility with a time to maturity of 18 months from Danske Bank, Nordea Bank and Svenska Handelsbanken. In conjunction with the transaction, Gränges intends to undertake a new share issue with preferential rights for existing shareholders. Post-completion, Impexmetal will become a wholly owned subsidiary of Gränges AB. The transaction is subject to regulatory approval by the relevant competition authorities. The agreement is also subject to conditions, including that the other assets i.e. the assets of which consists of Aluminium Konin and certain other assets are separated from Impexmetal by way of a demerger, following which the assets of Impexmetal will consist solely of the operations of Aluminium Konin. As of August 20, 2020, the transaction has been notified to the EU Commission with the provisional deadline set on September 23, 2020. As on September 23, 2020, transaction is approved by the EU Commission. The transaction has now received approval from all relevant competition authorities. The closing is expected in the second quarter of 2020. As on September 23, 2020, transaction is expected to complete in fourth quarter of 2020. The transaction is expected to be EPS accretive within twelve months from its completion. Szymon Okon, Katarzyna Solarz, Tomasz Wickel and Jakub Jedrzejewski of SSW acted as legal advisor to Boryszew. Kristian Ford, Pär Remnelid, Johan Wahlbom, Jesper Schönbeck, Rikard Lindahl and Louise Brorsson Salomon of Vinge acted as legal advisors for Gränges.お知らせ • Aug 27Gränges Improves Efficiency and Adapts European Operations, Affecting 75 Positions in TotalAs part of improving efficiency and adapting Gränges Europe's operations to current market conditions, a decision has been made on organizational changes in the Swedish operations. The new organization aims to strengthen Gränges Europe's customer offer and long-term competitiveness. As a part of the reorganization, reductions will be made, and Gränges Europe has announced notices of redundancy in the operations in Finspång affecting 75 positions in total. As a part of the reorganization, a notice of redundancy has been announced that will affect 75 positions in total, whereof 50 positions within the blue-collar organization and 25 within the white-collar organization in Sweden. Negotiations with union representatives have begun and before the end of December 2020 all the employees affected are estimated to have been informed. As of 31 July 2020, Gränges Europe had 461 employees in Sweden, of which 307 blue-collars and 154 white-collars.業績と収益の成長予測DB:9GR - アナリストの将来予測と過去の財務データ ( )SEK Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202838,1271,6171,8602,478412/31/202736,1771,4351,3312,003512/31/202633,2471,2826501,21653/31/202629,3661,082229885N/A12/31/202528,3621,0155691,342N/A9/30/202527,324947-539409N/A6/30/202526,139989-600576N/A3/31/202525,3111,025-801573N/A12/31/202423,5061,013-836489N/A9/30/202422,2909436682,144N/A6/30/202422,1169911,4462,751N/A3/31/202421,9799931,9413,107N/A12/31/202322,5191,0102,0643,291N/A9/30/202322,9179532,2043,284N/A6/30/202323,5137561,5432,614N/A3/31/202324,3807141,4872,578N/A12/31/202224,4927001091,102N/A9/30/202223,984626-101814N/A6/30/202222,434644-633250N/A3/31/202220,167596-970-149N/A12/31/202118,130595152988N/A9/30/202116,422724-40676N/A6/30/202114,3756955461,136N/A3/31/202111,9884695051,024N/A12/31/202011,0083638571,414N/A9/30/202010,5413048111,385N/A6/30/202010,9653786001,523N/A3/31/202011,9325492041,550N/A12/31/201911,978600N/A1,441N/A9/30/201912,369702N/A1,602N/A6/30/201912,693662N/A1,354N/A3/31/201912,948705N/A1,335N/A12/31/201812,910688N/A1,351N/A9/30/201812,570691N/A1,159N/A6/30/201811,976684N/A1,064N/A3/31/201811,614662N/A1,142N/A12/31/201711,435652N/A968N/A9/30/201711,247601N/A882N/A6/30/201710,379639N/A1,005N/A3/31/20178,740561N/A814N/A12/31/20167,208498N/A686N/A9/30/20165,913481N/A699N/A6/30/20165,334361N/A655N/A3/31/20165,398362N/A689N/A12/31/20155,494379N/A725N/A9/30/20155,460384N/A767N/A6/30/20155,377370N/A431N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 9GRの予測収益成長率 (年間14% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: 9GRの収益 ( 14% ) German市場 ( 16.9% ) よりも低い成長が予測されています。高成長収益: 9GRの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 9GRの収益 ( 9.2% ) German市場 ( 6.5% ) よりも速いペースで成長すると予測されています。高い収益成長: 9GRの収益 ( 9.2% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 9GRの 自己資本利益率 は、3年後には低くなると予測されています ( 12.6 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 14:53終値2026/05/07 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Gränges AB (publ) 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関null nullABG Sundal CollierKenneth Toll JohanssonCarnegie Investment Bank ABOskar LindstromDanske Bank2 その他のアナリストを表示
お知らせ • Oct 27Gränges AB (Publ) Provides Earnings Guidance for the Fourth Quarter 2023Gränges 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.
お知らせ • Jul 16Gränges AB (publ) Provides Earnings Guidance for the Third Quarter of 2023Gränges 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.
お知らせ • Jan 28+ 1 more updateGränges AB (Publ) Provides Sales Guidance for the First Quarter 2023Gränges AB (publ) provides sales guidance for the first quarter 2023. The company expects sales volume in the first quarter of 2023 to improve around 10% relative to the fourth quarter of 2022.
お知らせ • Jun 21Gränges AB (Publ) Provides Earnings Guidance for the Second Quarter of 2022Gränges AB (publ) provided earnings guidance for the second quarter of 2022. the group sales volume is expected to be above 90% of the sales volume in the corresponding quarter last year. Profit margins are expected to continue to improve compared with the first quarter with price adjustments increasingly compensating for cost increases.
お知らせ • Jan 09Gränges AB (publ) to Report Fiscal Year 2025 Final Results on Mar 17, 2026Gränges AB (publ) announced that they will report fiscal year 2025 final results on Mar 17, 2026
お知らせ • Sep 16+ 1 more updateGränges AB (publ) to Report First Half, 2026 Results on Jul 16, 2026Gränges AB (publ) announced that they will report first half, 2026 results on Jul 16, 2026
お知らせ • Sep 15Gränges AB (publ), Annual General Meeting, May 12, 2026Gränges AB (publ), Annual General Meeting, May 12, 2026, at 15:30 W. Europe Standard Time. Location: stockholm Sweden
お知らせ • Jul 11+ 1 more updateGränges AB (publ) to Report Fiscal Year 2025 Results on Jan 29, 2026Gränges AB (publ) announced that they will report fiscal year 2025 results on Jan 29, 2026
お知らせ • May 12Gränges AB (Publ) Approves Dividend, Payable on May 19, 2025, and on November 19, 2025 RespectivelyGränges 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.
お知らせ • May 10Gränges Announces Sofia Hedevåg Decides to Leave as SVP SustainabilityGränges 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.
お知らせ • Apr 01Gränges AB (publ) Proposes Dividend, Payable on May 19, 2025, and November 19, 2025Gränges 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.
お知らせ • Jan 31Gränges AB (publ), Annual General Meeting, May 12, 2025Gränges AB (publ), Annual General Meeting, May 12, 2025, at 15:30 W. Europe Standard Time. Location: iva conference center, grev turegatan 16, stockholm. Sweden
お知らせ • Jan 30Gränges AB (publ) to Report Fiscal Year 2024 Final Results on Mar 18, 2025Gränges AB (publ) announced that they will report fiscal year 2024 final results on Mar 18, 2025
Upcoming Dividend • Nov 04Upcoming dividend of kr1.50 per shareEligible shareholders must have bought the stock before 11 November 2024. Payment date: 15 November 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.1%).
Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: kr2.68 (vs kr3.12 in 3Q 2023)Third quarter 2024 results: EPS: kr2.68 (down from kr3.12 in 3Q 2023). Revenue: kr5.75b (up 3.1% from 3Q 2023). Net income: kr285.0m (down 14% from 3Q 2023). Profit margin: 5.0% (down from 6.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 09+ 2 more updatesGränges AB (publ) to Report Q1, 2025 Results on Apr 25, 2025Gränges AB (publ) announced that they will report Q1, 2025 results on Apr 25, 2025
Reported Earnings • Jul 14Second quarter 2024 earnings released: EPS: kr2.95 (vs kr2.97 in 2Q 2023)Second quarter 2024 results: EPS: kr2.95 (down from kr2.97 in 2Q 2023). Revenue: kr6.15b (up 2.3% from 2Q 2023). Net income: kr314.0m (flat on 2Q 2023). Profit margin: 5.1% (down from 5.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • May 09Gränges AB (publ) Approves Dividend, Payable on May 16, 2024 and November 15, 2024Gränges 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.
Upcoming Dividend • May 03Upcoming dividend of kr1.50 per shareEligible shareholders must have bought the stock before 10 May 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.8%).
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: kr2.23 (vs kr2.39 in 1Q 2023)First quarter 2024 results: EPS: kr2.23 (down from kr2.39 in 1Q 2023). Revenue: kr5.43b (down 9.0% from 1Q 2023). Net income: kr237.0m (down 6.7% from 1Q 2023). Profit margin: 4.4% (up from 4.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 22Full 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 Europe. 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 6% per year, which means it is significantly lagging earnings.
お知らせ • Feb 20Gränges AB (publ) Announces Board ChangesGränges 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.
お知らせ • Jan 30Gränges AB (publ) to Report Fiscal Year 2023 Results on Mar 19, 2024Gränges AB (publ) announced that they will report fiscal year 2023 results on Mar 19, 2024
Reported Earnings • Jan 25Full 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 11% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. 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 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 28Third quarter 2023 earnings released: EPS: kr3.13 (vs kr1.47 in 3Q 2022)Third quarter 2023 results: EPS: kr3.13 (up from kr1.47 in 3Q 2022). Revenue: kr5.58b (down 9.7% from 3Q 2022). Net income: kr332.0m (up 113% from 3Q 2022). Profit margin: 6.0% (up from 2.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 27Gränges AB (Publ) Provides Earnings Guidance for the Fourth Quarter 2023Gränges 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.
お知らせ • Oct 23+ 2 more updatesGränges AB (publ) to Report Q3, 2024 Results on Oct 24, 2024Gränges AB (publ) announced that they will report Q3, 2024 results on Oct 24, 2024
お知らせ • Sep 22+ 1 more updateGränges AB (publ), Annual General Meeting, May 08, 2024Gränges AB (publ), Annual General Meeting, May 08, 2024, at 15:30 Central European Standard Time.
お知らせ • Jul 16Gränges AB (publ) Provides Earnings Guidance for the Third Quarter of 2023Gränges 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.
New Risk • Jul 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: kr2.97 (vs kr2.78 in 2Q 2022)Second quarter 2023 results: EPS: kr2.97 (up from kr2.78 in 2Q 2022). Revenue: kr6.01b (down 13% from 2Q 2022). Net income: kr316.0m (up 7.1% from 2Q 2022). Profit margin: 5.3% (up from 4.3% in 2Q 2022). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 1.0% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 14Gränges AB (publ) to Report Q1, 2024 Results on Apr 25, 2024Gränges AB (publ) announced that they will report Q1, 2024 results on Apr 25, 2024
Buying Opportunity • Jun 27Now 20% undervaluedOver the last 90 days, the stock is up 8.8%. The fair value is estimated to be €10.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 7.4%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 60% in the next 2 years.
お知らせ • Jun 15Gränges AB (Publ) Announces Dividend Payable on 21 June 2023Gränges 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.
Upcoming Dividend • Jun 08Upcoming dividend of kr2.50 per share at 2.5% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 21 June 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (8.7%).
Buying Opportunity • May 23Now 20% undervaluedOver the last 90 days, the stock is up 9.6%. The fair value is estimated to be €10.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 7.4%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 60% in the next 2 years.
お知らせ • May 04Gränges AB (publ) Proposes Dividend, Payable on 21 June 2023Gränges 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.
Reported Earnings • Mar 20Full 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 Europe 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 • Feb 01High number of new directorsThere 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.
お知らせ • Jan 28+ 1 more updateGränges AB (Publ) Provides Sales Guidance for the First Quarter 2023Gränges AB (publ) provides sales guidance for the first quarter 2023. The company expects sales volume in the first quarter of 2023 to improve around 10% relative to the fourth quarter of 2022.
お知らせ • Jan 27Gränges AB (publ) to Report Q4, 2022 Final Results on Mar 16, 2023Gränges AB (publ) announced that they will report Q4, 2022 final results on Mar 16, 2023
Reported Earnings • Jan 27Full 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 3.1% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.
Board Change • Jan 15High number of new directorsThere 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.
お知らせ • Oct 26Jörgen Rosengren acquired an unknown minority stake in Gränges AB (publ) for SEK 2.5 million.Jörgen Rosengren acquired an unknown minority stake in Gränges AB (publ) for SEK 2.5 million on October 25, 2022.Jörgen Rosengren completed the acquisition of an unknown minority stake in Gränges AB (publ) on October 25, 2022.
Reported Earnings • Oct 21Third 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 3.2% decline forecast for the Metals and Mining industry in Europe. 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 9% per year.
お知らせ • Sep 22Gränges AB (publ) Announces Nomination Committee AppointmentsThe Nomination Committee for Gränges AB (publ)’s Annual General Meeting 2023 has been appointed. The Nomination Committee shall consist of representatives from the three largest shareholders and the Chairman of the Board. As of 31 August 2022, Gränges’ three largest shareholders were The Fourth Swedish National Pension Fund (AP4), AFA Insurance and Swedbank Robur funds, which have been invited to nominate candidates for the Nomination Committee. The Nomination Committee for the Annual General Meeting 2023 has the following members: Jannis Kitsakis (AP4), Anders Algotsson (AFA Insurance), Jan Dworsky (Swedbank Robur funds) and Fredrik Arp (Chairman of the Board of Gränges). The Chairman of the Nomination Committee is Jannis Kitsakis. The Nomination Committee represents Gränges’ shareholders. It proposes to the Annual General Meeting nominations for Chairman of the Board, members of the Board, auditor and auditor’s fees, Chairman of the Annual General Meeting, as well as fees for Board and committee work.
お知らせ • Aug 11Gränges Recruits William B. Shannon as Senior Vice President, Global Battery Foil Program, Effective 1 September 2022Gränges has recruited William B. Shannon as the Senior Vice President for Gränges' Global Battery Foil Program. He is currently the COO of the New York-based Li-Ion battery cell producer iM3NY and has over 30 years of experience within the battery industry and will be an important contributor to taking Gränges' expansion in this industry into its next phase. Mr. Shannon holds a BA in Business Administration and Management from Eastern Connecticut State University. Prior to his position at iM3NY, he held several senior positions at companies such as Heitkamp & Thumann Group and Duracell. Mr. Shannon will join Gränges on 1 September 2022, and will report to Gränges' President and CEO.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 18% share price gain to €8.99, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total returns to shareholders of 14% over the past three years.
Reported Earnings • Jul 16Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: kr6.88b (up 49% from 2Q 2021). Net income: kr295.0m (up 31% from 2Q 2021). Profit margin: 4.3% (down from 4.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.2%, compared to a 29% growth forecast for the industry in Germany.
お知らせ • Jul 15Gränges AB (publ), Annual General Meeting, Apr 27, 2023Gränges AB (publ), Annual General Meeting, Apr 27, 2023.
お知らせ • Jul 12+ 2 more updatesGränges AB (publ) to Report First Half, 2023 Results on Jul 14, 2023Gränges AB (publ) announced that they will report first half, 2023 results on Jul 14, 2023
お知らせ • Jun 22Gränges Launches its Sustainable Product Brand Gränges EndureGränges AB (publ) announced the launch of its product brand for sustainable and circular solutions, Gränges Endure. The brand makes it easier for customers to select sustainable aluminum products and solutions of the highest quality at the lowest sustainability impact. Gränges Endure products are based on low-carbon and recycled input materials. Gränges Endure products have a third-party verified carbon footprint of maximum 4.0 tonnes CO2e/tonne, measured from extraction of bauxite to the delivery of Gränges' products to customers (cradle-to-gate). The products are also verified by a third party to be responsibly sourced and produced. Gränges has been a leader in innovative aluminum solutions for decades. The company has a demonstrated industry-leading sustainability performance. EcoVadis, the largest independent provider of business sustainability ratings, has for example awarded Gränges a Platinum rating which ranks the company in the top 1% of companies assessed globally in the industry. Gränges' strategic priority is to offer customers industry-leading sustainable products and solutions that have a low climate impact, are circular and resource efficient as well as responsibly sourced and produced. Gränges Endure makes it easier for customers to select sustainable products of the highest quality and with the lowest sustainability impact.
お知らせ • Jun 21Gränges AB (Publ) Provides Earnings Guidance for the Second Quarter of 2022Gränges AB (publ) provided earnings guidance for the second quarter of 2022. the group sales volume is expected to be above 90% of the sales volume in the corresponding quarter last year. Profit margins are expected to continue to improve compared with the first quarter with price adjustments increasingly compensating for cost increases.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €7.77, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total loss to shareholders of 6.4% over the past three years.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to €7.99, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 14% over the past three years.
お知らせ • May 05Gränges AB (Publ) Approves Dividend, Payable on May 11, 2022Gränges AB (publ) announced that the general meeting held on May 4, 2022, resolved, in accordance with the Board of Directors’ proposal, on a dividend of SEK 2.25 per share with the record date of 6 May 2022. The dividend is expected to be paid out by Euroclear Sweden AB on 11 May 2022.
Upcoming Dividend • Apr 28Upcoming dividend of kr2.25 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.0%). Lower than average of industry peers (7.8%).
Recent Insider Transactions • Apr 28Independent Director recently bought €87k worth of stockOn the 22nd of April, Peter Carlsson bought around 10k shares on-market at roughly €8.65 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €167k more in shares than they have sold in the last 12 months.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: kr2.46 (vs kr2.25 in 1Q 2021)First quarter 2022 results: EPS: kr2.46 (up from kr2.25 in 1Q 2021). Revenue: kr6.08b (up 50% from 1Q 2021). Net income: kr261.0m (up 9.2% from 1Q 2021). Profit margin: 4.3% (down from 5.9% in 1Q 2021). Over the next year, revenue is forecast to grow 18%, compared to a 34% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 22First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: kr6.08b (up 50% from 1Q 2021). Net income: kr261.0m (up 9.2% from 1Q 2021). Profit margin: 4.3% (down from 5.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 34% growth forecast for the industry in Germany.
お知らせ • Apr 21Gränges' Proposes Dividend for the 2021, Payable on 11 May 2022Gränges' Board of Directors proposed a dividend of SEK 2.25 (1.10) per share for the 2021 fiscal year, in total SEK 239 million (117), which corresponds to 40% of the profit for the year 2021. The proposed record date for the dividend is 6 May 2022. If the AGM resolves in accordance with the proposal, the dividend is expected to be distributed through Euroclear Sweden AB on 11 May 2022.
Recent Insider Transactions • Mar 22Deputy CEO & CFO recently bought €70k worth of stockOn the 18th of March, Oskar Hellstrom bought around 9k shares on-market at roughly €8.09 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 €79k worth in shares.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €7.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 9.7% over the past three years.
お知らせ • Feb 15Gränges AB (publ) Announces Executive Change for Gränges EuropeEffective March 1, 2022, Fredrik Spens will take over as President, Gränges Europe, succeeding Jörgen Rosengren who has held the position on an interim basis. Starting the same date, Fredrik will also be a member of the Group Management Team of Gränges.
お知らせ • Feb 05Gränges AB (Publ) Announces Resignation of Carina Andersson from Board of DirectorsGränges AB (publ) announced that Carina Andersson, who has served on the Board since 2014, has chosen to resign and will leave the Board of Directors in conjunction with the AGM.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improved over the past weekAfter last week's 24% share price gain to €11.35, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 50% over the past three years.
Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: kr5.60 (up from kr4.21 in FY 2020). Revenue: kr18.1b (up 65% from FY 2020). Net income: kr595.0m (up 64% from FY 2020). Profit margin: 3.3% (in line with FY 2020). Revenue exceeded analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 13%, compared to a 16% growth forecast for the mining industry in Germany. 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 1% per year, which means it is well ahead of earnings.
お知らせ • Jan 28Gränges AB (Publ) Proposes Dividend for the Profit for the Year December 2021Gränges AB (publ) to proposes dividend for the profit for the year December 2021. The Board of Directors proposes a dividend of SEK 2.25 against SEK 1.10 per share, corresponding to 40% (32%) of the profit for the year.
Reported Earnings • Oct 22Third 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 • Aug 05CEO & President Johan Menckel has left the companyOn the 31st of July, Johan Menckel was replaced as CEO by Oskar Hellstrom. As of March 2021, Johan still personally held 52.00k shares (€568k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 5.79 years.
Executive Departure • May 12Independent Director has left the companyOn 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 (€12k worth at the time). A total of 2 executives have left over the last 12 months.
お知らせ • May 07Gränges AB (publ) Approves Dividend, Payable on 14 May 2021Gränges AB (publ) announced that at the AGM held on May 6, 2021, the company resolved, in accordance with the Board of Directors' proposal, on a dividend of SEK 1.10per share with the record date on 10 May 2021. The dividend is expected to be paid out by Euroclear Sweden AB on 14 May 2021.
Upcoming Dividend • Apr 30Upcoming dividend of kr1.10 per shareEligible shareholders must have bought the stock before 07 May 2021. Payment date: 14 May 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (4.5%).
Recent Insider Transactions • Apr 28Deputy CEO & CFO recently bought €8.6k worth of stockOn the 23rd of April, Oskar Hellstrom bought around 723 shares on-market at roughly €11.84 per share. In the last 3 months, there was an even bigger purchase from another insider worth €25k. This was Oskar's only on-market trade for the last 12 months.
Reported Earnings • Apr 24First 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 increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 20Full 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 9% per year, which means it is well ahead of earnings.
お知らせ • Mar 14Gränges AB (Publ) Announces Management ChangesGränges AB (Publ) has appointed Sofia Hedevåg, currently SVP Sustainability at Gränges AB, to be a member of Gränges' Group Management and report to CEO Johan Menckel. Sofia has since 15 May 2020 been a member of Gränges' extended Group Management. SVP Corporate Responsibility & Communication, Camilla Weiner, who has been a member of Gränges' Group Management since 2019, has informed that she will leave Gränges to continue with assignments in her own business. The changes above will be effectuated from 1 April 2021.
お知らせ • Mar 12Gränges AB (publ) Announces Ragnhild Wiborg to Resign from the Board of DirectorsGränges AB (publ) announced that Ragnhild Wiborg, who has served on the Board since 2014, has chosen to resign and will leave the Board of Directors in conjunction with the AGM.
Is New 90 Day High Low • Feb 23New 90-day high: €10.81The company is up 14% from its price of €9.49 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 56% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.65 per share.
Recent Insider Transactions • Feb 06Insider recently bought €30k worth of stockOn the 28th of January, Magnus Carlström bought around 3k shares on-market at roughly €9.51 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €188k more in shares than they have sold in the last 12 months.
Reported Earnings • Jan 30Full 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 2% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Jan 30Revenue misses expectationsRevenue missed analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 38%, compared to a 13% growth forecast for the Metals and Mining industry in Germany.
お知らせ • Jan 28+ 2 more updatesGränges AB (publ) to Report Fiscal Year 2020 Results on Mar 18, 2021Gränges AB (publ) announced that they will report fiscal year 2020 results on Mar 18, 2021
お知らせ • Jan 19Gränges AB (publ) to Report Fiscal Year 2020 Results on Jan 28, 2021Gränges AB (publ) announced that they will report fiscal year 2020 results at 7:30 AM, Central European Standard Time on Jan 28, 2021
お知らせ • Jan 14+ 1 more updateGränges AB Announces Resignation of Johan Menckel as President, Effective on 1 August, 2021Gränges AB, CEO and President Johan Menckel has informed the board that he has decided to leave his position after 8 years. He will remain in his role until 1 August, 2021.
Is New 90 Day High Low • Jan 12New 90-day high: €10.15The company is up 14% from its price of €8.90 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 56% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.71 per share.
Recent Insider Transactions • Dec 28Insider recently bought €24k worth of stockOn the 22nd of December, Camilla Weiner bought around 3k shares on-market at roughly €9.65 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €119k more in shares than they have sold in the last 12 months.
お知らせ • Nov 09Gränges Appoints New Management for the Operations in EuropeGränges' announced operations in Europe consist of the acquired business Aluminium Konin in Poland, the operations in Finspång in Sweden, and the business unit Gränges Powder Metallurgy. The name of the acquired business in Poland will be changed to Gränges Konin S.A., and the name of the Swedish unit will be changed from Gränges Sweden AB to Gränges Finspång AB. Torbjörn Sternsjö, currently SVP Technology & Business Development at Gränges Group, has been appointed President Europe, with responsibility for Gränges' operations in Europe. Torbjörn has extensive experience of driving development and change in leading positions in international operations, among others in Gränges and Sapa. Torbjörn Sternsjö will take on his position on 9 November 2020 and will continue to be a member of Gränges' Group Management and report to the CEO of Gränges. Fredrik Spens, currently Marketing & Sales Director for the operations in Finspång, has been appointed Managing Director Gränges Finspång. Fredrik has solid experience from international operations and senior positions, among others in Sandvik. Fredrik Spens will take on his position on 1 January 2021, will be part of Gränges Europe's management team and report to President Europe. Piotr Szeliga, President of Impexmetal and CEO of the Konin plant, has been appointed Managing Director Gränges Konin. Piotr has a long and broad experience from, among other things, various senior positions within the Boryszew Group, one of the largest industrial conglomerates in Poland. Piotr Szeliga will take on his position on 9 November 2020, be part of Gränges Europe's management team and report to President Europe. Jörgen Abrahamsson, currently President Europe and Managing Director for the operations in Finspång, has been appointed VP Integration & Operational Excellence, a new role focusing on operational development, continuous improvements and integration of Gränges' operations in Europe. Jörgen has a long and broad experience of leading and operational roles within Gränges. Jörgen Abrahamsson will take on his new position on 1 January 2021 and continues as Managing Director for the operations in Finspång until 31 December 2020. Jörgen will leave Gränges' Group Management on 9 November and will then be part of Gränges Europe's management team and report to President Europe.
お知らせ • Nov 07Gränges AB (publ) (OM:GRNG) completed the acquisition of Aluminium Konin-Impexmetal S.A from Boryszew S.A. (WSE:BRS) for SEK 2.2 billion Enterprise Value.Gränges AB (publ) (OM:GRNG) signed an agreement to acquire Aluminium Konin-Impexmetal S.A from Boryszew S.A. (WSE:BRS) for SEK 2.3 billion Enterprise Value on November 28, 2019. The consideration will be paid in cash and debt free basis. On October 7, 2020 Gränges AB and Boryszew S.A signed an agreement on a new structure for the payment of the purchase price. Aluminium Konin-Impexmetal S.A will be a wholly owned subsidiary of Gränges AB. To finance the acquisition, Danske Bank, Nordea Bank and Svenska Handelsbanken are providing a SEK 2.3 billion bridge loan facility with a time to maturity of 18 months. The transaction is subject to approval by regulatory board/committee and antitrust regulations. On September 23, 2020, the acquisition was approved by the EU Commission. The closing of the transaction is expected in the second quarter of 2020. Approximately SEK 1.5 billion of the Rights Issue proceeds will be used to finance part of the Transaction, and approximately SEK 0.5 billion will be used for future growth investments in line with Gränges AB strategy. The transaction is expected to be EPS accretive within twelve months from its completion. Gränges AB (publ) (OM:GRNG) completed the acquisition of Aluminium Konin-Impexmetal S.A from Boryszew S.A. (WSE:BRS) for for SEK 2.2 billion Enterprise Value on November 6, 2020.
お知らせ • Sep 24Gränges AB (publ) (OM:GRNG) entered into an agreement to acquire Impexmetal S.A. from Boryszew S.A. (WSE:BRS) for approximately PLN 940 million.Gränges AB (publ) (OM:GRNG) entered into a preliminary conditional agreement to acquire Impexmetal S.A. from Boryszew S.A. (WSE:BRS) for approximately PLN 940 million on November 27, 2019. Gränges AB (publ) (OM:GRNG) entered into an agreement to acquire Impexmetal S.A. from Boryszew S.A. (WSE:BRS) on November 28, 2019. The consideration is on a cash and debt free basis. The purchase price is subject to standard adjustments to the Enterprise Value, based on, among others: net debt, net working capital, pre-paid capex and other adjustments resulting from the terms and conditions of the Transaction. The transaction is financed by bridge loan facility with a time to maturity of 18 months from Danske Bank, Nordea Bank and Svenska Handelsbanken. In conjunction with the transaction, Gränges intends to undertake a new share issue with preferential rights for existing shareholders. Post-completion, Impexmetal will become a wholly owned subsidiary of Gränges AB. The transaction is subject to regulatory approval by the relevant competition authorities. The agreement is also subject to conditions, including that the other assets i.e. the assets of which consists of Aluminium Konin and certain other assets are separated from Impexmetal by way of a demerger, following which the assets of Impexmetal will consist solely of the operations of Aluminium Konin. As of August 20, 2020, the transaction has been notified to the EU Commission with the provisional deadline set on September 23, 2020. As on September 23, 2020, transaction is approved by the EU Commission. The transaction has now received approval from all relevant competition authorities. The closing is expected in the second quarter of 2020. As on September 23, 2020, transaction is expected to complete in fourth quarter of 2020. The transaction is expected to be EPS accretive within twelve months from its completion. Szymon Okon, Katarzyna Solarz, Tomasz Wickel and Jakub Jedrzejewski of SSW acted as legal advisor to Boryszew. Kristian Ford, Pär Remnelid, Johan Wahlbom, Jesper Schönbeck, Rikard Lindahl and Louise Brorsson Salomon of Vinge acted as legal advisors for Gränges.
お知らせ • Aug 27Gränges Improves Efficiency and Adapts European Operations, Affecting 75 Positions in TotalAs part of improving efficiency and adapting Gränges Europe's operations to current market conditions, a decision has been made on organizational changes in the Swedish operations. The new organization aims to strengthen Gränges Europe's customer offer and long-term competitiveness. As a part of the reorganization, reductions will be made, and Gränges Europe has announced notices of redundancy in the operations in Finspång affecting 75 positions in total. As a part of the reorganization, a notice of redundancy has been announced that will affect 75 positions in total, whereof 50 positions within the blue-collar organization and 25 within the white-collar organization in Sweden. Negotiations with union representatives have begun and before the end of December 2020 all the employees affected are estimated to have been informed. As of 31 July 2020, Gränges Europe had 461 employees in Sweden, of which 307 blue-collars and 154 white-collars.