공시 • Feb 14
Rana Gruber ASA Declares Quarterly Dividend , Payable on February 27, 2025 The Board of Rana Gruber ASA resolved to make a quarterly dividend distribution to shareholders of NOK 1.80 per share. Last day including right: February 14, 2025, Ex-date: February 17, 2025, Record date: February 18, 2025, Payment date: February 27, 2025, Date of approval: 12. February 12, 2025. 공시 • Nov 18
Rana Gruber ASA, Annual General Meeting, Apr 11, 2025 Rana Gruber ASA, Annual General Meeting, Apr 11, 2025. 공시 • Nov 16
Rana Gruber ASA to Report Q4, 2025 Results on Feb 12, 2026 Rana Gruber ASA announced that they will report Q4, 2025 results on Feb 12, 2026 Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: kr1.66 (vs kr3.00 in 3Q 2023) Third quarter 2024 results: EPS: kr1.66 (down from kr3.00 in 3Q 2023). Revenue: kr388.6m (down 17% from 3Q 2023). Net income: kr61.6m (down 45% from 3Q 2023). Profit margin: 16% (down from 24% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. New Risk • Nov 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. High level of non-cash earnings (53% accrual ratio). Minor Risk Dividend is not well covered by cash flows (237% cash payout ratio). Buy Or Sell Opportunity • Nov 13
Now 24% undervalued Over the last 90 days, the stock has risen 6.7% to €6.20. The fair value is estimated to be €8.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has declined by 2.7%. Revenue is forecast to decline by 9.9% in 2 years. Earnings are forecast to decline by 18% in the next 2 years. New Risk • Oct 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 5.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 5.0% per year for the foreseeable future. High level of non-cash earnings (53% accrual ratio). Minor Risk Dividend is not well covered by cash flows (237% cash payout ratio). Board Change • Oct 08
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Simon Collins was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: kr3.28 (vs kr2.87 in 2Q 2023) Second quarter 2024 results: EPS: kr3.28 (up from kr2.87 in 2Q 2023). Revenue: kr547.6m (up 57% from 2Q 2023). Net income: kr121.5m (up 14% from 2Q 2023). Profit margin: 22% (down from 31% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: kr3.62 (vs kr2.63 in 1Q 2023) First quarter 2024 results: EPS: kr3.62 (up from kr2.63 in 1Q 2023). Revenue: kr285.1m (down 42% from 1Q 2023). Net income: kr134.2m (up 38% from 1Q 2023). Profit margin: 47% (up from 20% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year. New Risk • Apr 23
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.9% per year for the foreseeable future. Minor Risk Dividend is not well covered by earnings (94% payout ratio). 공시 • Apr 12
Rana Gruber Asa Approves Board and Nomination Committee Elections Rana Gruber ASA at its annual general meeting held on 11 April 2024, approved election of Lars-Eric Aaro, Simon Matthew Collins and Ane Nordahl Carlsen members of the board of directors. After this, the board of directors will consist of the following shareholder elected members: Morten Støver, chairman (elected until the annual general meeting in 2025), Hilde Rolandsen, member (elected until the annual general meeting in 2025), Ragnhild Wiborg, member (elected until the annual general meeting in 2025), Frode Nilsen, member (elected until the annual general meeting in 2026), Lars-Eric Aaro, member (elected until the annual general meeting in 2026), Simon Matthew Collins, member (elected until the annual general meeting in 2026) and Ane Nordahl Carlsen, member (elected until the annual general meeting in 2026). The general meeting elects Robert Sotberg as chair of the nomination committee in Rana Gruber ASA for a period until the annual general meeting in 2025. The general meeting elected Tom Lileng as new member of the nomination committee for a period until the annual general meeting in 2025. Board Change • Mar 28
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. Independent Director Henriette Pedersen was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 