- Granges’ adjusted operating profit for the fourth quarter reached SEK 324 million, surpassing the estimated SEK 295.2 million.
- The company’s net sales amounted to SEK 6.18 billion, exceeding the forecasted SEK 5.84 billion.
- The sales volume for Granges was recorded at 130,300 tons in this period.
- For the year 2024, the dividend per share was announced to be SEK 3.20.
- Analyst recommendations for Granges include 4 buy ratings and 2 hold ratings, with no sell ratings reported.
A look at Granges AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Granges AB, an aluminum manufacturer specializing in rolled products for the heat and exchanger industry, showcases a promising long-term outlook based on the Smartkarma Smart Scores. With a strong momentum score of 5, indicating a positive trend in the company’s performance, Granges AB is poised for continued growth and success. The high value and growth scores of 4 further underline the solid foundation of the company’s operations and its potential for future development.
Additionally, Granges AB demonstrates resilience with a score of 3, suggesting its ability to adapt to challenging market conditions. While the dividend score of 3 may not be the highest, the company’s overall outlook remains optimistic, supported by its robust performance across other key factors. Investors looking for a company with strong growth prospects and a track record of momentum may find Granges AB an attractive long-term investment opportunity.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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