Gränges is a global leader in aluminium rolling and recycling in selected niches. We’re committed to creating circular and sustainable aluminium solutions in partnership with our customers and suppliers - for a better future.
Gränges is a global leader in aluminium rolling and recycling. We help customers grow and transition to climate neutrality. Our products enable efficient climate control in transportation and buildings, electrification and battery components, recyclable packaging, and more.
Gränges Endure is our product brand for aluminium solutions that combine the highest technical and sustainability performance.
Gränges’ ambition is to create circular and sustainable aluminium solutions for a better future. Sustainability, alongside people and safety, is a key driver of the company’s long-term competitiveness and value creation. These elements are at the core of Gränges’ business and strategy, emphasizing their central role in differentiating the company within the industry.
Investor Relations Director
Anna Hedenberg
anna.hedenberg@granges.com +46 76 869 96 48
Working at Gränges means being surrounded by proud, talented and motivated colleagues – in a safe work environment. Our success is based on extensive industrial craftsmanship and highly employees.
Today 3,500 employees make up Gränges Group in three regions: Americas, Asia and Europe. Gränges is a global company with local presence. Are you joining the team?
Here we have brought together our press releases, financial reports and images. Gränges aims to provide open and clear information disclosure. You are very welcome to contact us if you have questions.
VP Communication & Investor Relations
Sara Lander Hyléen
sara.hyleen@granges.com +46 709 16 16 41
The Board of Directors of Orkla ASA (OSE:ORK) has decided to explore the possibility of listing its wholly-owned subsidiary Gränges AB (“the company”) on NASDAQ OMX Stockholm. This decision is part of Orkla’s long-term strategy to become a pure-play branded consumer goods company.
Gränges is the leading global manufacturer of rolled aluminium for heat exchangers, primarily for the automotive industry. The company has production facilities in Sweden and China, and had a total of 971 employees at the end of 2013.
Gränges had a turnover of NOK 4.0 billion in 2013, and achieved operating profit (EBITA) of NOK 337 million. In the first quarter of 2014, Gränges posted operating profit (EBITA) of NOK 117 million, compared with NOK 85 million in the corresponding period of last year. The increase is ascribable to higher volume and the effects of improvement programmes.
This information is subject to disclosure requirements pursuant to section 5-12 of the Securities Trading Act.
Orkla ASA Oslo, 8 May 2014
Dowload press release here
Håkon Mageli, EVP Communications & Corporate Affairs Tel: +47 928 45 828
Rune Helland, SVP Investor Relations Tel: +47 977 13 250
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