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Gränges AB/Skr GRNG

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About Gränges AB

Gränges AB is a Swedish company operating in the aluminum industry, primarily engaged in the production and sale of rolled aluminum products. These products are used extensively in the automotive and HVAC (heating, ventilation, and air conditioning) sectors. Founded in 1896 and headquartered in Stockholm, Sweden, Gränges has developed a strong reputation for its expertise in aluminum engineering and manufacturing. The company has a significant global presence, with manufacturing facilities and commercial operations spread across Asia, Europe, and the Americas. Gränges AB is strategically positioned with its focus on innovation and sustainability, providing lightweight and energy-efficient solutions to its clients.
Ticker
Skr GRNG
Sector
Materials
Primary listing
XSTO
Employees
3,536
Headquarters
Stockholm, Sweden

Gränges AB Metrics

BasicAdvanced
kr 18B
13.61
kr 12.64
0.92
kr 3.30
1.92%

What the Analysts think about Gränges AB

Analyst ratings (Buy, Hold, Sell) for Gränges AB stock.
Analyst projections of the future price of Gränges AB stock.

Bulls say / Bears say

Adjusted operating profit rose 50% year on year to a record SEK 596 million in Q3, while profit per tonne increased and cash flow improved. This shows Gränges converted pricing, recycling and productivity gains into stronger earnings despite cost and currency headwinds. (Gränges)
Gränges has grown sales volumes for 11 consecutive quarters through market-share gains, even as demand stayed hesitant. Management expects mid-single-digit volume growth in the Americas and Europe in Q4, giving the company a route to keep growing without relying on a broad market recovery. (Gränges)
The major capacity expansion is complete, leaving Gränges room to lift utilisation above 90% by the end of 2027 without another large rolling-capacity build-out. Its four-year optimisation plan targets better pricing, product mix and productivity, which could improve returns and cash generation. (Gränges)
A fire at the Shandong plant is still restricting Asian capacity, with repairs expected to finish around year-end and a further 10,000-tonne year-on-year reduction in low-margin industrial sales expected in Q4. A delayed repair or restart could prolong lost volume and extra operating costs. (Gränges)
Operating cash flow was negative SEK 92 million for the first nine months, compared with positive SEK 783 million a year earlier, while net debt stood at 1.7 times adjusted EBITDA. Higher aluminium prices can tie up more cash in working capital, leaving cash generation exposed even when operating profit is strong. (Gränges)
Underlying demand remains patchy: Gränges says European demand is weak, and in the Americas Q3 growth was driven by climate control while automotive, packaging and industrial volumes fell year on year. Persistent end-market weakness could make continued volume growth and pricing harder to sustain. (Gränges, CRU Aluminum Market Update)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.

Gränges AB Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Gränges AB Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Gränges AB

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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.