Brief: Gränges Q2 Adj. EBIT At SEK 580 Million, Above IBES Estimate
BRIEF-Gränges Q2 Adj. EBIT At SEK 580 Million, Above IBES Estimate July 16 (Reuters) - Granges AB GRANG.ST:
Q2 EPS SEK 3.73
Q2 ADJUSTED EBIT SEK 580 MILLION VS. IBES ESTIMATE SEK 507.3 MILLION
Q2 NET INCOME SEK 405 MILLION
Q2 SALES VOLUME INCREASED BY 5 PERCENT TO 167.1 KTONNES (159.1)
MARKET DEMAND REMAINS DIFFICULT TO PREDICT, BUT WE SAW A RECORD Q2 AND HAVE GOOD MOMENTUM GOING INTO THIRD
IN ASIA, WE EXPECT CONTINUED PRICE PRESSURE AND A YEAR-ON-YEAR SALES REDUCTION OF APPROXIMATELY 10 KTONNES IN Q3
Source text: ID:nMFN9mkyDz
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