Brief: Rana Gruber Q3 Adjusted Net Profit Rises To NOK 171.2 Million

Rana Gruber ASA

15/11/2023 07:17

Nov 15 (Reuters) - Rana Gruber ASA  RANA.OL :
    * ACHIEVED RECORD HIGH PRODUCTION IN Q3 OF 2023, AND PAYS
OUT NOK
3.23 PER SHARE AS DIVIDEND
    * Q3 REVENUES CAME IN AT NOK 470.1 MILLION, UP FROM NOK
230.5
MILLION IN Q3 OF 2022
    * REVENUE INCREASE IS EXPLAINED BY HIGHER REALISED PRICES,
INCREASED SALES VOLUMES, AND CURRENCY EFFECTS FROM A WEAKENED
NORWEGIAN KRONE
    * Q3 ADJUSTED NET PROFIT AMOUNTED TO NOK 171.2 MILLION, UP
FROM
NOK 55.4 MILLION IN Q3 OF 2022
    * IN Q3 RANA GRUBER PRODUCED 503 THOUSAND METRIC TONS IRON
ORE
CONCENTRATE. THIS REPRESENTS A SIGNIFICANT INCREASE AND MARKS
STRONGEST PRODUCTION QUARTER IN COMPANY'S HISTORY

Source text for Eikon:  ID:nObiZKkj7a 
Further company coverage:  RANA.OL 

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