Brief: Granges Q2 Net Income SEK 293 Mln
11/07/2025 06:53
July 11 (Reuters) - Granges AB GRANG.ST: GRANGES Q2 EPS SEK 2.62 GRANGES Q2 NET INCOME SEK 293 MILLION GRANGES Q2 ADJUSTED EBIT SEK 436 MILLION VERSUS. IBES ESTIMATE SEK 464.1 MILLION DEMAND WAS GOOD IN HVAC AND STABLE IN SPECIALTY PACKAGING AND OTHER NICHES, WHILE CONDITIONS IN AUTOMOTIVE REMAINED SOFT. THANKS TO MARKET SHARE GAINS IN ALL REGIONS AND SUCCESSFUL BUSINESS RAMP-UP IN ASIA, SALES VOLUME GREW BY 22 PERCENT YEAR-ON-YEAR HIGHER COST FOR ALUMINIUM SCRAP AND TIMING EFFECTS ON EUROPEAN METAL PREMIUMS, AN INDIRECT RESULT OF NEW US IMPORT TARIFFS ON ALUMINIUM, BURDENED RESULT EXPECT CONTINUED STRONG VOLUME GROWTH IN Q3 AIM TO RETAIN APPROXIMATELY 20-25 KTONNES OF ADDITIONAL QUARTERLY SALES VOLUME IN SHANDONG INTEND TO OFFSET ANY EXTERNAL PRESSURE WITH CONTINUED GROWTH, PRICE INCREASES AND PRODUCTIVITY IMPROVEMENTS DO EXPECT A NEGATIVE CURRENCY TRANSLATION EFFECT CAPACITY EXPANSION CAPEX WILL CONTINUE DOWN IN SECOND HALF OF 2025 Source text: ID:nMFN62tK0b Further company coverage: GRANG.ST (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com;))