In the first quarter of 2025, Gränges AB demonstrated resilience and foresight despite coming across multiple obstacles, achieving record-breaking results despite facing a complex global market landscape. Gränges reported a significant 24 per cent increase in sales volume, reaching 151.6 thousand tonnes, up from 122 thousand tonnes in the same period the previous year. This surge was accompanied by a 15 per cent rise in adjusted operating profit, totalling SEK 409 million, marking the company’s strongest first-quarter performance to date. The profit for the period climbed to SEK 261 million, with diluted earnings per share increasing to SEK 2.34.
Image for representational purposes only (source: https://www.granges.com/)
Gränges’ CEO, Jörgen Rosengren, attributed the company’s strong performance to increased market share, operational excellence, and successful expansion in Asia. “In the first quarter, Gränges delivered strong volume and profit growth in challenging external conditions,” says Gränges’ CEO Jörgen Rosengren. “Market demand was good in HVAC and stable in speciality packaging and other niches, while conditions in automotive remained soft. Thanks to increased market share, good operational performance and the newly gained business in Asia, we grew sales volume by 24 per cent year-on-year.”
Financial Highlights
Regional Performance
The Americas segment experienced an 8 per cent increase in sales volume, driven by strong demand and continued market share gains. Profitability improved due to higher sales volumes, increased productivity, and an enhanced product mix.
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