Brief: Granges Expects Q2 Sales Volume To Grow At Mid-To-High Single-Digit Rate
23/04/2026 06:41
April 23 (Reuters) - Granges AB GRANG.ST: GRANGES Q1 NET INCOME SEK 322 MILLION GRANGES Q1 EPS SEK 2.97 GRANGES Q1 ADJUSTED EBIT SEK 459 MILLION VERSUS. IBES ESTIMATE SEK 395.2 MILLION MARKET DEMAND REMAINS WEAK AND DIFFICULT TO PREDICT SAW A STRONG FINISH TO Q1 AND HAVE GOOD MOMENTUM GOING INTO SECOND. EXPECT SECOND-QUARTER SALES VOLUME TO GROW AT A MID-TO-HIGH SINGLE-DIGIT RATE COMPARED TO LAST YEAR EXPECT NEGATIVE EFFECTS FROM CURRENCY, COST INCREASES, AND CONTINUED PRICE PRESSURE IN ASIA MARKET SCRAP SPREADS ARE EXPECTED TO IMPROVE AIM TO OFFSET NET EFFECT OF THESE FACTORS THROUGH PRICE AND PRODUCTIVITY Source text: ID:nMFN8B8CgG Further company coverage: GRANG.ST (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))
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Brief: Granges Expects Q2 Sales Volume To Grow At Mid-To-High Single-Digit Rate