Brief: Granges Completes Acquisition In China

Granges AB

25/10/2024 06:08

Oct 25 (Reuters) - Granges AB  GRANG.ST :
    * COMPLETES ACQUISITIONS IN CHINA
    * TRANSACTION WILL ENTAIL ONE-OFF COSTS OF APPROXIMATELY SEK
30
MILLION DURING FOURTH QUARTER OF 2024
    * NEW FACILITY EXPECTED TO PROVIDE POSITIVE CONTRIBUTION TO
SALES
VOLUME ALREADY IN Q4 WITH NEUTRAL IMPACT ON ADJUSTED OPERATING
RESULT
    * IN 2025 EXPECTED TRANSACTION WILL CONTRIBUTE MARGINALLY TO
GRÄNGE'S PROFIT PER SHARE

Source text for Eikon:  ID:nMFN64nNYt 
Further company coverage:  GRANG.ST 

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