Brief: Granges Q4 Adjusted Operating Profit Rises To SEK 193 Mln

Granges AB

28/01/2021 06:33

Jan 28 (Reuters) - Granges AB  GRANG.ST :
    * Q4 DILUTED EARNINGS PER SHARE 1.19 SEK
    * Q4 SALES VOLUME INCREASED BY 32.6 PER CENT TO 103.3
KTONNES
(77.9).
    * Q4 ADJUSTED OPERATING PROFIT INCREASED TO SEK 193 MILLION
(144)
    * BOARD OF DIRECTORS PROPOSES A DIVIDEND OF SEK 1.10 (-) PER
SHARE, CORRESPONDING TO 32 PER CENT (-) OF PROFIT FOR YEAR.
    * FOR Q1 2021, GRÄNGES CURRENTLY EXPECTS AN ORGANIC INCREASE
IN
SALES VOLUME, EXCLUDING GRÄNGES KONIN, BY LOW-DOUBLE DIGITS
COMPARED WITH LAST YEAR
    * DEVELOPMENT OF FOREIGN EXCHANGE RATES IS EXPECTED TO HAVE
A
NEGATIVE IMPACT ON PROFITABILITY IN Q1.

Source text for Eikon:  ID:nWkr6kmZxD 
Further company coverage:  GRANG.ST 

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