OM:GRNGMetals and Mining
Gränges (OM:GRNG) Margin Decline Challenges Bullish Growth Narrative Despite Strong Earnings Track Record
Gränges (OM:GRNG) has posted a strong set of numbers, with earnings growing at 18.7% per year over the last five years, and analysts forecasting a continued pace of 18.4% annual earnings growth. This is well ahead of the broader Swedish market’s 12.3% outlook. Revenue is expected to rise by 6.4% per year, outstripping the Swedish average of 3.6%. Net profit margins currently sit at 3.8%, a dip from last year’s 4.5%, giving investors something to watch even as both growth and value narratives...