Q4 2024 Granges AB Earnings Call Transcript

Author's Avatar
Jan 30, 2025

Jan 30, 2025 / 09:00AM GMT
Joergen Rosengren - Granges AB - President, Chief Executive Officer

Good morning, ladies and gentlemen, and welcome to this webcast and presentation of Gränges' fourth quarter results, which conclude a year when we had record high sales volume and earnings. I'm here. My name is Jörgen Rosengren, I'm Gränges' CEO and President, and I'm here together with Oskar Hellstrom, our CFO; and Sara Lander Hyléen, our VP of Communications and Investor Relations.

As I alluded to, we saw an accelerating growth in the fourth quarter and in fact, recorded a sales volume increase of 21% to 130 tonnes compared to 108 tonnes in the same quarter of 2023. We saw stable markets, generally speaking, but we also recorded a lot of market share gains, in fact, in all of our geographies and in many customer segments, which underpin this very good growth.

As many of you know, we made an acquisition in October of a factory in the Shandong province in Northeastern China. And we completed that acquisition and very quickly integrated it and we're also able to quickly ramp up sourcing and production and sales to

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot