Gränges AB (publ)

DB:9GR Stock Report

Market Cap: €1.2b

Gränges Management

Management criteria checks 2/4

Gränges' CEO is Jorgen Rosengren, appointed in Oct 2021, has a tenure of 3.17 years. total yearly compensation is SEK15.70M, comprised of 43.9% salary and 56.1% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth €1.80M. The average tenure of the management team and the board of directors is 4.3 years and 2.3 years respectively.

Key information

Jorgen Rosengren

Chief executive officer

SEK 15.7m

Total compensation

CEO salary percentage43.9%
CEO tenure3.2yrs
CEO ownership0.2%
Management average tenure4.3yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jorgen Rosengren's remuneration changed compared to Gränges's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 943m

Jun 30 2024n/an/a

SEK 991m

Mar 31 2024n/an/a

SEK 993m

Dec 31 2023SEK 16mSEK 7m

SEK 1b

Sep 30 2023n/an/a

SEK 953m

Jun 30 2023n/an/a

SEK 756m

Mar 31 2023n/an/a

SEK 714m

Dec 31 2022SEK 13mSEK 7m

SEK 700m

Sep 30 2022n/an/a

SEK 626m

Jun 30 2022n/an/a

SEK 644m

Mar 31 2022n/an/a

SEK 596m

Dec 31 2021SEK 13mSEK 3m

SEK 595m

Compensation vs Market: Jorgen's total compensation ($USD1.42M) is about average for companies of similar size in the German market ($USD1.58M).

Compensation vs Earnings: Jorgen's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jorgen Rosengren (57 yo)

3.2yrs

Tenure

SEK 15,700,000

Compensation

Mr. Jorgen Rosengren serves as President & Chief Executive Officer at Gr nges AB (publ) since October 01, 2021 and serves as its Interim President of Gr nges Europe since November 18, 2021 until March 1, 2...

Leadership Team

NamePositionTenureCompensationOwnership
Jorgen Rosengren
President & CEO3.2yrsSEK 15.70m0.15%
€ 1.8m
Oskar Hellstrom
Deputy CEO & CFO11.9yrsSEK 14.10m0.056%
€ 675.9k
Tolga Egrilmezer
Executive Vice President of Business Development11.3yrsno datano data
John Thuestad
Executive Vice President of Extrusion Europe Business Areano datano datano data
Colin Xu
President of Asia11.9yrsno datano data
Patrick Lawlor
President of Americas8.3yrsno datano data
Torbjorn Sternsjo
Senior Advisor of CEO4.1yrsno datano data
Fredrik Spens
President of Europe3.9yrsno data0.0044%
€ 52.5k
Sofia Hedevag
Senior Vice President of Sustainability4.6yrsno data0.0040%
€ 47.9k
Piotr Szeliga
Managing Director of Gränges Konin4.1yrsno datano data
William Shannon
Senior Vice President of Global Battery Foil Program2.3yrsno datano data

4.3yrs

Average Tenure

51yo

Average Age

Experienced Management: 9GR's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Fredrik Arp
Independent Chairman of the Board4.6yrsSEK 908.33k0.013%
€ 153.6k
Cecilia Wennborg
Directorless than a yearno datano data
Stein Hagen
Chairman of Orkla ASAno datano datano data
Mikael Bratt
Directorless than a yearno datano data
Steven Armstrong
Independent Director2.6yrsSEK 390.00kno data
Gunilla Saltin
Independent Director1.5yrsSEK 286.67k0.0023%
€ 27.1k
Peter Carlsson
Independent Director8.9yrsSEK 390.00k0.0094%
€ 112.7k
Michael Lönn
Observerno datano datano data
Mats Backman
Independent Director6.6yrsSEK 498.33k0.014%
€ 169.0k
Martina Buchhauser
Independent Director3.6yrsSEK 421.67kno data
Tobias Johansson
Deputy Employee Representative Director1.9yrsSEK 40.00kno data
Emma Lamprecht
Employee Representative Directorless than a yearSEK 3.33kno data

2.3yrs

Average Tenure

58.5yo

Average Age

Experienced Board: 9GR's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 18:35
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Gränges AB (publ) is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Olof GrenmarkABG Sundal Collier
Kenneth Toll JohanssonCarnegie Investment Bank AB
Oskar LindstromDanske Bank