View Future GrowthGränges 過去の業績過去 基準チェック /26Grängesは、平均年間13.1%の収益成長を遂げていますが、 Metals and Mining業界の収益は、年間 成長しています。収益は、平均年間7.7% 10.6%収益成長率で 成長しています。 Grängesの自己資本利益率は10.3%であり、純利益率は3.7%です。主要情報13.06%収益成長率12.54%EPS成長率Metals and Mining 業界の成長19.58%収益成長率10.62%株主資本利益率10.34%ネット・マージン3.68%次回の業績アップデート16 Jul 2026最近の業績更新Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: kr2.97 (vs kr2.34 in 1Q 2025)First quarter 2026 results: EPS: kr2.97 (up from kr2.34 in 1Q 2025). Revenue: kr8.24b (up 14% from 1Q 2025). Net income: kr316.0m (up 27% from 1Q 2025). Profit margin: 3.8% (up from 3.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 23Full year 2025 earnings released: EPS: kr9.55 (vs kr9.53 in FY 2024)Full year 2025 results: EPS: kr9.55 (up from kr9.53 in FY 2024). Revenue: kr28.4b (up 21% from FY 2024). Net income: kr1.02b (flat on FY 2024). Profit margin: 3.6% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jan 30Full year 2025 earnings released: EPS: kr9.55 (vs kr9.53 in FY 2024)Full year 2025 results: EPS: kr9.55 (up from kr9.53 in FY 2024). Revenue: kr28.4b (up 21% from FY 2024). Net income: kr1.02b (flat on FY 2024). Profit margin: 3.6% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.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, 2026Reported Earnings • Oct 24Third quarter 2025 earnings released: EPS: kr2.27 (vs kr2.68 in 3Q 2024)Third quarter 2025 results: EPS: kr2.27 (down from kr2.68 in 3Q 2024). Revenue: kr6.93b (up 21% from 3Q 2024). Net income: kr242.0m (down 15% from 3Q 2024). Profit margin: 3.5% (down from 5.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.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すべての更新を表示Recent updatesDeclared Dividend • May 21Dividend of kr1.70 announcedShareholders will receive a dividend of kr1.70. Ex-date: 13th November 2026 Payment date: 19th November 2026 Dividend yield will be 1.8%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but not covered by cash flows (158% cash payout ratio). The dividend has increased by an average of 5.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • May 06Upcoming dividend of kr1.70 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.7%).New Risk • Apr 24New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: kr2.97 (vs kr2.34 in 1Q 2025)First quarter 2026 results: EPS: kr2.97 (up from kr2.34 in 1Q 2025). Revenue: kr8.24b (up 14% from 1Q 2025). Net income: kr316.0m (up 27% from 1Q 2025). Profit margin: 3.8% (up from 3.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 23Full year 2025 earnings released: EPS: kr9.55 (vs kr9.53 in FY 2024)Full year 2025 results: EPS: kr9.55 (up from kr9.53 in FY 2024). Revenue: kr28.4b (up 21% from FY 2024). Net income: kr1.02b (flat on FY 2024). Profit margin: 3.6% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jan 31Final dividend of kr1.70 announcedShareholders will receive a dividend of kr1.70. Ex-date: 13th May 2026 Payment date: 20th May 2026 Dividend yield will be 2.3%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 8.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jan 30Full year 2025 earnings released: EPS: kr9.55 (vs kr9.53 in FY 2024)Full year 2025 results: EPS: kr9.55 (up from kr9.53 in FY 2024). Revenue: kr28.4b (up 21% from FY 2024). Net income: kr1.02b (flat on FY 2024). Profit margin: 3.6% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.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, 2026Recent Insider Transactions • Nov 14President & CEO recently sold kr2.8m worth of stockOn the 11th of November, Jorgen Rosengren sold around 20k shares on-market at roughly kr140 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jorgen has been a net seller over the last 12 months, reducing personal holdings by kr473k.Upcoming Dividend • Nov 06Upcoming dividend of kr1.60 per shareEligible shareholders must have bought the stock before 13 November 2025. Payment date: 19 November 2025. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (3.3%).Reported Earnings • Oct 24Third quarter 2025 earnings released: EPS: kr2.27 (vs kr2.68 in 3Q 2024)Third quarter 2025 results: EPS: kr2.27 (down from kr2.68 in 3Q 2024). Revenue: kr6.93b (up 21% from 3Q 2024). Net income: kr242.0m (down 15% from 3Q 2024). Profit margin: 3.5% (down from 5.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 24New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 8.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.6% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.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 SwedenReported Earnings • Jul 13Second quarter 2025 earnings released: EPS: kr2.62 (vs kr2.95 in 2Q 2024)Second quarter 2025 results: EPS: kr2.62 (down from kr2.95 in 2Q 2024). Revenue: kr6.97b (up 14% from 2Q 2024). Net income: kr278.0m (down 12% from 2Q 2024). Profit margin: 4.0% (down from 5.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 17% per year.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, 2026Declared Dividend • May 20Dividend of kr1.60 announcedShareholders will receive a dividend of kr1.60. Ex-date: 13th November 2025 Payment date: 19th November 2025 Dividend yield will be 2.5%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 58% over the next 3 years, which should provide support to the dividend and adequate earnings cover.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.Upcoming Dividend • May 06Upcoming dividend of kr1.60 per shareEligible shareholders must have bought the stock before 13 May 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (4.5%).Reported Earnings • Apr 27First quarter 2025 earnings released: EPS: kr2.34 (vs kr2.23 in 1Q 2024)First quarter 2025 results: EPS: kr2.34 (up from kr2.23 in 1Q 2024). Revenue: kr7.23b (up 33% from 1Q 2024). Net income: kr249.0m (up 5.1% from 1Q 2024). Profit margin: 3.4% (down from 4.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year.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.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: kr9.53 (vs kr9.50 in FY 2023)Full year 2024 results: EPS: kr9.53 (up from kr9.50 in FY 2023). Revenue: kr23.5b (up 4.4% from FY 2023). Net income: kr1.01b (flat on FY 2023). Profit margin: 4.3% (down from 4.5% in FY 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 1.9% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 16% per year.Declared Dividend • Feb 10Final dividend of kr3.20 announcedShareholders will receive a dividend of kr3.20. Ex-date: 13th May 2025 Payment date: 19th May 2025 Dividend yield will be 3.6%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jan 31Full year 2024 earnings released: EPS: kr9.53 (vs kr9.50 in FY 2023)Full year 2024 results: EPS: kr9.53 (up from kr9.50 in FY 2023). Revenue: kr23.5b (up 4.4% from FY 2023). Net income: kr1.01b (flat on FY 2023). Profit margin: 4.3% (down from 4.5% in FY 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 1.6% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.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, 2025Recent Insider Transactions • Nov 28President & CEO recently bought kr1.8m worth of stockOn the 25th of November, Jorgen Rosengren bought around 15k shares on-market at roughly kr123 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jorgen's only on-market trade for the last 12 months.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 British dividend payers (5.8%). Lower than average of industry peers (4.3%).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 1.5% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% 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 2.1% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.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 British dividend payers (5.9%). Lower than average of industry peers (3.9%).Reported Earnings • Apr 26First 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 1.3% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.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 the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 2% 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 26Full 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 the United Kingdom 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 only increased by 3% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Nov 08President & CEO recently bought kr1.1m worth of stockOn the 2nd of November, Jorgen Rosengren bought around 10k shares on-market at roughly kr112 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jorgen's only on-market trade for the last 12 months.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.Reported Earnings • Oct 27Third 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 the United Kingdom 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 8% per year, which means it is significantly lagging earnings growth.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 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% 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 (47% 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, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.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 British dividend payers (5.8%). Lower than average of industry peers (7.9%).Buying Opportunity • May 25Now 20% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be kr122, 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.Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr97.98, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 8x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 137% over the past three years.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 the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 21% 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 26Full year 2022 earnings released: EPS: kr6.59 (vs kr5.60 in FY 2021)Full year 2022 results: EPS: kr6.59 (up from kr5.60 in FY 2021). Revenue: kr24.5b (up 35% from FY 2021). Net income: kr700.0m (up 18% from FY 2021). Profit margin: 2.9% (down from 3.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 2.1% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% 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.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr88.55, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 3.0% over the past three years.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 2.4% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr95.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Metals and Mining industry in the United Kingdom. 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 14% growth forecast for the industry in the United Kingdom.お知らせ • Jul 12+ 1 more updateGränges 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, 2023Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr94.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 18% over the past three years.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr86.75, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 12% over the past three years.Recent Insider Transactions • May 11Independent Director recently bought kr359k worth of stockOn the 5th of May, Mats Backman bought around 5k shares on-market at roughly kr71.80 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr890k. Insiders have collectively bought kr2.2m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Apr 28Independent Director recently bought kr890k worth of stockOn the 22nd of April, Peter Carlsson bought around 10k shares on-market at roughly kr89.00 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.7m 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 6.8% growth forecast for the industry in the United Kingdom. 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 7% 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 7.1% growth forecast for the industry in the United Kingdom.Recent Insider Transactions • Mar 22Deputy CEO & CFO recently bought kr733k worth of stockOn the 18th of March, Oskar Hellstrom bought around 9k shares on-market at roughly kr84.23 per share. This was the largest purchase by an insider in the last 3 months. Oskar has been a buyer over the last 12 months, purchasing a net total of kr820k worth in shares.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to kr91.33, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 14% over the past three years.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improved over the past weekAfter last week's 20% share price gain to kr117, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 43% 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 8.5% growth forecast for the mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Recent Insider Transactions • Oct 24General Counsel recently bought kr96k worth of stockOn the 22nd of October, Niclas Nelson bought around 1k shares on-market at roughly kr96.27 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.8m more in shares than they have sold in the last 12 months.Reported Earnings • Oct 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 6% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 21Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to kr98.55, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 7x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 7.4% over the past three years.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 (kr5.9m 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 (kr119k worth at the time). A total of 2 executives have left over the last 12 months.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 British dividend payers (4.1%). Lower than average of industry peers (5.0%).Recent Insider Transactions • Apr 26Deputy CEO & CFO recently bought kr87k worth of stockOn the 23rd of April, Oskar Hellstrom bought around 723 shares on-market at roughly kr120 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr300k. This was Oskar's only on-market trade for the last 12 months.Reported Earnings • Apr 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 remained flat, 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.Is New 90 Day High Low • Feb 22New 90-day high: kr110The company is up 18% from its price of kr93.20 on 24 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr260 per share.Recent Insider Transactions • Feb 12Insider recently bought kr250k worth of stockOn the 5th of February, Camilla Weiner bought around 3k shares on-market at roughly kr99.86 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr300k. Insiders have collectively bought kr2.2m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Feb 04Insider recently bought kr298k worth of stockOn the 28th of January, Paul Neutjens bought around 3k shares on-market at roughly kr94.63 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.6m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Feb 02General Counsel recently bought kr93k worth of stockOn the 28th of January, Niclas Nelson bought around 972 shares on-market at roughly kr95.50 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr245k. Insiders have collectively bought kr1.3m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Jan 30General Counsel recently bought kr93k worth of stockOn the 28th of January, Niclas Nelson bought around 972 shares on-market at roughly kr95.50 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr245k. Insiders have collectively bought kr1.3m more in shares than they have sold in the last 12 months.収支内訳Gränges の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史LSE:0R9X 収益、費用、利益 ( )SEK Millions日付収益収益G+A経費研究開発費31 Mar 2629,3661,0822,503031 Dec 2528,3621,0152,524030 Sep 2527,3249472,589030 Jun 2526,1399892,498031 Mar 2525,3111,0252,541031 Dec 2423,5061,0132,369030 Sep 2422,2909432,182030 Jun 2422,1169912,192031 Mar 2421,9799932,189031 Dec 2322,5191,0102,164030 Sep 2322,9179532,109030 Jun 2323,5137562,035031 Mar 2324,3807141,970031 Dec 2224,4927001,847030 Sep 2223,9846262,526030 Jun 2222,4346442,225031 Mar 2220,1675961,894031 Dec 2118,1305951,645030 Sep 2116,4227242,170030 Jun 2114,3756951,858031 Mar 2111,9884691,547031 Dec 2011,0083631,392030 Sep 2010,5413041,296030 Jun 2010,9653781,390031 Mar 2011,9325491,454031 Dec 1911,9786001,420030 Sep 1912,3697021,449030 Jun 1912,6936621,409031 Mar 1912,9487051,393031 Dec 1812,9106881,329030 Sep 1812,5706911,329030 Jun 1811,9766841,243031 Mar 1811,6146621,169031 Dec 1711,4356521,160030 Sep 1711,2476011,571030 Jun 1710,3796391,408031 Mar 178,7405611,115031 Dec 167,208498759030 Sep 165,913481669030 Jun 165,334361534031 Mar 165,398362501031 Dec 155,494379523030 Sep 155,460384601030 Jun 155,3773705720質の高い収益: 0R9Xは 高品質の収益 を持っています。利益率の向上: 0R9Xの現在の純利益率 (3.7%)は、昨年(4%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 0R9Xの収益は過去 5 年間で年間13.1%増加しました。成長の加速: 0R9Xの過去 1 年間の収益成長率 ( 5.6% ) は、5 年間の平均 ( 年間13.1%を下回っています。収益対業界: 0R9Xの過去 1 年間の収益成長率 ( 5.6% ) Metals and Mining業界94.4%を上回りませんでした。株主資本利益率高いROE: 0R9Xの 自己資本利益率 ( 10.3% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health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2026/05/24 14:50終値2026/05/22 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
Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: kr2.97 (vs kr2.34 in 1Q 2025)First quarter 2026 results: EPS: kr2.97 (up from kr2.34 in 1Q 2025). Revenue: kr8.24b (up 14% from 1Q 2025). Net income: kr316.0m (up 27% from 1Q 2025). Profit margin: 3.8% (up from 3.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 23Full year 2025 earnings released: EPS: kr9.55 (vs kr9.53 in FY 2024)Full year 2025 results: EPS: kr9.55 (up from kr9.53 in FY 2024). Revenue: kr28.4b (up 21% from FY 2024). Net income: kr1.02b (flat on FY 2024). Profit margin: 3.6% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jan 30Full year 2025 earnings released: EPS: kr9.55 (vs kr9.53 in FY 2024)Full year 2025 results: EPS: kr9.55 (up from kr9.53 in FY 2024). Revenue: kr28.4b (up 21% from FY 2024). Net income: kr1.02b (flat on FY 2024). Profit margin: 3.6% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
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
Reported Earnings • Oct 24Third quarter 2025 earnings released: EPS: kr2.27 (vs kr2.68 in 3Q 2024)Third quarter 2025 results: EPS: kr2.27 (down from kr2.68 in 3Q 2024). Revenue: kr6.93b (up 21% from 3Q 2024). Net income: kr242.0m (down 15% from 3Q 2024). Profit margin: 3.5% (down from 5.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
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
Declared Dividend • May 21Dividend of kr1.70 announcedShareholders will receive a dividend of kr1.70. Ex-date: 13th November 2026 Payment date: 19th November 2026 Dividend yield will be 1.8%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but not covered by cash flows (158% cash payout ratio). The dividend has increased by an average of 5.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • May 06Upcoming dividend of kr1.70 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.7%).
New Risk • Apr 24New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: kr2.97 (vs kr2.34 in 1Q 2025)First quarter 2026 results: EPS: kr2.97 (up from kr2.34 in 1Q 2025). Revenue: kr8.24b (up 14% from 1Q 2025). Net income: kr316.0m (up 27% from 1Q 2025). Profit margin: 3.8% (up from 3.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 23Full year 2025 earnings released: EPS: kr9.55 (vs kr9.53 in FY 2024)Full year 2025 results: EPS: kr9.55 (up from kr9.53 in FY 2024). Revenue: kr28.4b (up 21% from FY 2024). Net income: kr1.02b (flat on FY 2024). Profit margin: 3.6% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jan 31Final dividend of kr1.70 announcedShareholders will receive a dividend of kr1.70. Ex-date: 13th May 2026 Payment date: 20th May 2026 Dividend yield will be 2.3%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 8.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jan 30Full year 2025 earnings released: EPS: kr9.55 (vs kr9.53 in FY 2024)Full year 2025 results: EPS: kr9.55 (up from kr9.53 in FY 2024). Revenue: kr28.4b (up 21% from FY 2024). Net income: kr1.02b (flat on FY 2024). Profit margin: 3.6% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
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
Recent Insider Transactions • Nov 14President & CEO recently sold kr2.8m worth of stockOn the 11th of November, Jorgen Rosengren sold around 20k shares on-market at roughly kr140 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jorgen has been a net seller over the last 12 months, reducing personal holdings by kr473k.
Upcoming Dividend • Nov 06Upcoming dividend of kr1.60 per shareEligible shareholders must have bought the stock before 13 November 2025. Payment date: 19 November 2025. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (3.3%).
Reported Earnings • Oct 24Third quarter 2025 earnings released: EPS: kr2.27 (vs kr2.68 in 3Q 2024)Third quarter 2025 results: EPS: kr2.27 (down from kr2.68 in 3Q 2024). Revenue: kr6.93b (up 21% from 3Q 2024). Net income: kr242.0m (down 15% from 3Q 2024). Profit margin: 3.5% (down from 5.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 24New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 8.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.6% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
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
Reported Earnings • Jul 13Second quarter 2025 earnings released: EPS: kr2.62 (vs kr2.95 in 2Q 2024)Second quarter 2025 results: EPS: kr2.62 (down from kr2.95 in 2Q 2024). Revenue: kr6.97b (up 14% from 2Q 2024). Net income: kr278.0m (down 12% from 2Q 2024). Profit margin: 4.0% (down from 5.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 17% per year.
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
Declared Dividend • May 20Dividend of kr1.60 announcedShareholders will receive a dividend of kr1.60. Ex-date: 13th November 2025 Payment date: 19th November 2025 Dividend yield will be 2.5%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 58% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
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.
Upcoming Dividend • May 06Upcoming dividend of kr1.60 per shareEligible shareholders must have bought the stock before 13 May 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (4.5%).
Reported Earnings • Apr 27First quarter 2025 earnings released: EPS: kr2.34 (vs kr2.23 in 1Q 2024)First quarter 2025 results: EPS: kr2.34 (up from kr2.23 in 1Q 2024). Revenue: kr7.23b (up 33% from 1Q 2024). Net income: kr249.0m (up 5.1% from 1Q 2024). Profit margin: 3.4% (down from 4.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year.
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.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: kr9.53 (vs kr9.50 in FY 2023)Full year 2024 results: EPS: kr9.53 (up from kr9.50 in FY 2023). Revenue: kr23.5b (up 4.4% from FY 2023). Net income: kr1.01b (flat on FY 2023). Profit margin: 4.3% (down from 4.5% in FY 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 1.9% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 16% per year.
Declared Dividend • Feb 10Final dividend of kr3.20 announcedShareholders will receive a dividend of kr3.20. Ex-date: 13th May 2025 Payment date: 19th May 2025 Dividend yield will be 3.6%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jan 31Full year 2024 earnings released: EPS: kr9.53 (vs kr9.50 in FY 2023)Full year 2024 results: EPS: kr9.53 (up from kr9.50 in FY 2023). Revenue: kr23.5b (up 4.4% from FY 2023). Net income: kr1.01b (flat on FY 2023). Profit margin: 4.3% (down from 4.5% in FY 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 1.6% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
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
Recent Insider Transactions • Nov 28President & CEO recently bought kr1.8m worth of stockOn the 25th of November, Jorgen Rosengren bought around 15k shares on-market at roughly kr123 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jorgen's only on-market trade for the last 12 months.
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 British dividend payers (5.8%). Lower than average of industry peers (4.3%).
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 1.5% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% 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 2.1% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
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 British dividend payers (5.9%). Lower than average of industry peers (3.9%).
Reported Earnings • Apr 26First 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 1.3% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
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 the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 2% 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 26Full 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 the United Kingdom 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 only increased by 3% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Nov 08President & CEO recently bought kr1.1m worth of stockOn the 2nd of November, Jorgen Rosengren bought around 10k shares on-market at roughly kr112 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jorgen's only on-market trade for the last 12 months.
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.
Reported Earnings • Oct 27Third 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 the United Kingdom 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 8% per year, which means it is significantly lagging earnings growth.
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 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% 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 (47% 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, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.
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
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 British dividend payers (5.8%). Lower than average of industry peers (7.9%).
Buying Opportunity • May 25Now 20% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be kr122, 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.
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr97.98, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 8x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 137% over the past three years.
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 the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 21% 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 26Full year 2022 earnings released: EPS: kr6.59 (vs kr5.60 in FY 2021)Full year 2022 results: EPS: kr6.59 (up from kr5.60 in FY 2021). Revenue: kr24.5b (up 35% from FY 2021). Net income: kr700.0m (up 18% from FY 2021). Profit margin: 2.9% (down from 3.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 2.1% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% 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.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr88.55, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 3.0% over the past three years.
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 2.4% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr95.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Metals and Mining industry in the United Kingdom. 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 14% growth forecast for the industry in the United Kingdom.
お知らせ • Jul 12+ 1 more updateGränges 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
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr94.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 18% over the past three years.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr86.75, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 12% over the past three years.
Recent Insider Transactions • May 11Independent Director recently bought kr359k worth of stockOn the 5th of May, Mats Backman bought around 5k shares on-market at roughly kr71.80 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr890k. Insiders have collectively bought kr2.2m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Apr 28Independent Director recently bought kr890k worth of stockOn the 22nd of April, Peter Carlsson bought around 10k shares on-market at roughly kr89.00 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.7m 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 6.8% growth forecast for the industry in the United Kingdom. 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 7% 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 7.1% growth forecast for the industry in the United Kingdom.
Recent Insider Transactions • Mar 22Deputy CEO & CFO recently bought kr733k worth of stockOn the 18th of March, Oskar Hellstrom bought around 9k shares on-market at roughly kr84.23 per share. This was the largest purchase by an insider in the last 3 months. Oskar has been a buyer over the last 12 months, purchasing a net total of kr820k worth in shares.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to kr91.33, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 14% over the past three years.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improved over the past weekAfter last week's 20% share price gain to kr117, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 43% 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 8.5% growth forecast for the mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Oct 24General Counsel recently bought kr96k worth of stockOn the 22nd of October, Niclas Nelson bought around 1k shares on-market at roughly kr96.27 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.8m more in shares than they have sold in the last 12 months.
Reported Earnings • Oct 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 6% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 21Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to kr98.55, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 7x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 7.4% over the past three years.
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 (kr5.9m 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 (kr119k worth at the time). A total of 2 executives have left over the last 12 months.
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 British dividend payers (4.1%). Lower than average of industry peers (5.0%).
Recent Insider Transactions • Apr 26Deputy CEO & CFO recently bought kr87k worth of stockOn the 23rd of April, Oskar Hellstrom bought around 723 shares on-market at roughly kr120 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr300k. This was Oskar's only on-market trade for the last 12 months.
Reported Earnings • Apr 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 remained flat, 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.
Is New 90 Day High Low • Feb 22New 90-day high: kr110The company is up 18% from its price of kr93.20 on 24 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr260 per share.
Recent Insider Transactions • Feb 12Insider recently bought kr250k worth of stockOn the 5th of February, Camilla Weiner bought around 3k shares on-market at roughly kr99.86 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr300k. Insiders have collectively bought kr2.2m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Feb 04Insider recently bought kr298k worth of stockOn the 28th of January, Paul Neutjens bought around 3k shares on-market at roughly kr94.63 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.6m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Feb 02General Counsel recently bought kr93k worth of stockOn the 28th of January, Niclas Nelson bought around 972 shares on-market at roughly kr95.50 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr245k. Insiders have collectively bought kr1.3m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Jan 30General Counsel recently bought kr93k worth of stockOn the 28th of January, Niclas Nelson bought around 972 shares on-market at roughly kr95.50 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr245k. Insiders have collectively bought kr1.3m more in shares than they have sold in the last 12 months.