Jan 29 (Reuters) - Granges AB GRANG.ST:
Q4 ADJUSTED EBIT SEK 373 MILLION VERSUS IBES ESTIMATE SEK 324.1 MILLION
Q4 NET INCOME SEK 251 MILLION
Q4 EPS SEK 2.31
Q4 SALES VOLUME INCREASED BY 17 PERCENT TO 152.4 KTONNES (130.3)
PROPOSES A DIVIDEND OF SEK 3.40 (3.20) PER SHARE
EXPECTS SALES VOLUME TO GROW AT LOW-TO-MID SINGLE-DIGIT RATE COMPARED TO LAST YEAR
AIMS TO OFFSET ANY UNFAVORABLE NEGATIVE EXTERNAL FACTORS WITH PRICING ACTIONS
CONTINUED INCREASE OF ALUMINIUM PRICE INTO BEGINNING OF Q1 IS EXPECTED TO WEIGH ON OPERATING CASH FLOW
DOES NOT EXPECT TO COMPENSATE FOR NEGATIVE CURRENCY EFFECTS
Source text: ID:nMFN6x1Szj
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(Gdansk Newsroom)
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