Sweden · Delayed Price · Currency is SEK Gränges AB Earnings Call Transcripts
Fiscal Year 2026
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Record Q1 with 5% organic volume growth and 12% EBIT increase, driven by market share gains and strong operational performance despite weak demand and higher aluminum prices. Cash flow was negative due to working capital buildup, but outlook remains positive for Q2.
Fiscal Year 2025
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Record sales volume and operating profit were achieved in 2025, driven by market share gains across all regions and strong sustainability results. Despite weak HVAC demand, higher aluminum prices, and currency headwinds, the company delivered robust growth and is shifting focus from expansion to optimization and utilization.
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Q3 2025 saw 25% sales volume growth and strong cash flow, driven by market share gains and the Shandong facility integration, despite margin pressure from tariffs and currency. Outlook for Q4 is positive, with continued volume growth and focus on optimization and cash generation.
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Q2 saw 22% sales volume growth, led by Asia, with strong cash flow and record sustainability performance. Adjusted operating profit was SEK 436 million, impacted by currency headwinds, while Shandong contributed SEK 20 million to EBIT. Expansion CapEx will be minimal after 2025.
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Record Q1 results with 24% sales volume growth and 15% EBIT increase, led by Asia and market share gains across all regions. Strong cash flow, successful Shandong integration, and positive outlook for Q2 with continued volume and profit growth expected.
Fiscal Year 2024
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Record sales and earnings in 2024 driven by strong market share gains, successful Shandong acquisition, and productivity improvements. Q4 saw 21% sales volume growth and a 30%+ rise in operating profit, with 2025 guidance focused on optimizing profitability and cash flow.
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Sales volume grew 7% year-over-year in Q3, with stable operating profit and strong sustainability progress. Strategic expansion in China and ongoing investments support future growth, while market share gains offset weak automotive demand.
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Record Q2 operating profit and 9% volume growth were driven by new business and productivity gains, with strong sustainability progress and stable leverage. Outlook for Q3 is similar, expecting continued volume growth and margin protection amid stable but subdued markets.