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01 FEBRUARY 2025 AL CIRCLE

Gränges AB in 2024: higher sales, stable profit, and reduced carbon emissions demand attention

EDITED BY : DEBANJALI SENGUPTA 3MINS READ

Sweden-based Gränges AB, a global leader in aluminium rolling and recycling, announced its production and financial results for 2024, reporting record-high sales volume and earnings. Gränges operates recycled-content aluminium facilities in Sweden, China, Poland, and the United States. In the US, it operates a scrap-fed melt shop and casting facility, commencing in 2023.

Gränges AB in 2024: higher sales, stable profit, and reduced carbon emissions demand attention

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Fiscal achievements

In the fourth quarter of 2024, Gränges sold 130.3 thousand tonnes of recycled and rolled aluminium products, up by 21 per cent Y-o-Y, and earned SEK 6,184 million (US$558.205 million). For the full year, the sales volume amounted to 505.8 thousand tonnes, reflecting a 9.2 per cent rise Y-o-Y, valued at SEK 23,506 million (US$2,118.27 million).


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EDITED BY : DEBANJALI SENGUPTA 3MINS READ

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