Gränges Q3 Adjusted Operating Profit Rises 50% to SEK 596M
Gränges reported Q3 operating cash flow up 25% to SEK 396M. Management expects mid-single-digit Q4 volume growth in the Americas and Europe, while Asia remains constrained and low-margin industrial output is about 10 ktonnes lower.
Gränges reported Q3 adjusted operating profit up 50% to SEK 596M and operating cash flow up 25% to SEK 396M. Management guides mid single-digit Q4 volume growth in Americas and Europe, with Asia constrained and ~10 ktonnes lower low-margin industrial output.Material DetailsContext by AI AnalystThis…