Grigeo Group AB (OVSE:GRG1L) Research & Development : €0.0 Mil (TTM As of Dec. 2024)

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What is Grigeo Group AB Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Grigeo Group AB's Research & Development for the three months ended in Dec. 2024 was €0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was €0.0 Mil.

Grigeo Group AB Research & Development Historical Data

The historical data trend for Grigeo Group AB's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Grigeo Group AB Research & Development Chart

Grigeo Group AB Annual Data

Trend

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Research & Development

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Grigeo Group AB Quarterly Data
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Grigeo Group AB Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

Grigeo Group AB (OVSE:GRG1L) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Grigeo Group AB Research & Development Related Terms

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Grigeo Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Grigeo Group AB (OVSE:GRG1L) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

WM8:Germany

Address

Vilniaus Street 10, Grigiskes, Vilniaus, LTU, 27101

Website

https://www.grigeo.lt

Grigeo Group AB is a Lithuania-based company. Along with its subsidiaries, it principally operates in the paper and wood industry. The group's business processes cover almost the entire processing cycle of wood and paper components from the tree up to the final product. Its product portfolio comprises hygienic papers such as napkins, tissues, paper towels, toilet and cleaning papers; containerboard; honeycomb paper core; corrugated cardboard and packaging; and hardboard. The Group has three reportable segments: paper and paper products, which generate maximum revenue, wood hardboards and wood products, and raw materials for corrugated cardboard and related products. Geographically, it generates maximum revenue from the European Union, followed by Lithuania, and Other countries.

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