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
Sales volume reached 38.9 ktonnes (37.7), an increase of 3.3% compared to previous year.
Net sales totalled SEK 1,252 million (1,217), an increase of 2.9%.
Adjusted operating profit increased by 12.9% to SEK 116 million (103), corresponding to an adjusted operating margin of 9.2% (8.4).
Operating profit increased to SEK 128 million (97).
Profit for the period was SEK 83 million (89). Earnings per share, basic, decreased to SEK 1.12 (1.19) and diluted, to SEK 1.11 (1.19).
Sales volume reached 163.9 ktonnes (160.0), an increase of 2.5% compared to previous year.
Net sales totalled SEK 5,494 million (4,748), an increase of 15.7%.
Adjusted operating profit increased by 16.9% to SEK 541 million (463), corresponding to an adjusted operating margin of 9.8% (9.7).
Operating profit increased to SEK 538 million (422).
Profit for the period was SEK 379 million (319). Earnings per share, basic and diluted, increased to SEK 5.07 (4.27).
Cash flow before financing activities was SEK 600 million (597) and net debt reduced to SEK 275 million at 31 December 2015, corresponding to 0.4 times adjusted EBITDA.
The Board of Directors proposes a dividend of SEK 2.00 per share (1.50).
Webcasted telephone conference On Thursday 4 February 2016 at 10.00 CET, CEO Johan Menckel and CFO Oskar Hellström will present Gränges' year-end report for January-December 2015 at a webcasted telephone conference. The webcast can be accessed on www.granges.com/investors.
To take part in the telephone conference, please call +46 856 642 701 (Sweden), +44 203 194 0544 (UK) or +1 855 269 2604 (USA). Please call a few minutes before the telephone conference starts. The presentation will be in English.
For additional information, please contact: Pernilla Grennfelt, Director Communications & IRpernilla.grennfelt@granges.com,telephone +46 (0) 702 90 99 55
The information in this year-end report is such that Gränges must disclose pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication on Thursday 4 February 2016 at 07.30 CET.
About GrängesGränges is a leading global supplier of rolled products for producers of brazed aluminium heat exchangers. The Company develops, produces and markets highly advanced materials that enhance both the production economy of the customer manufacturing process as well as the performance of the final product, the brazed heat exchanger. Approximately 90% of the sales are to customers in the automotive industry. The production facilities are located in Sweden and China and have a combined annual capacity of 220,000 metric tonnes. Gränges has 950 employees and net sales in 2015 totalled SEK 5,494 million. The company is listed on Nasdaq Stockholm since October 2014. More information about Gränges is available on www.granges.com.
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