Granges AB (LTS:0R9X)
kr 124.7 -2.45 (-1.93%) Market Cap: 13.21 Bil Enterprise Value: 16.32 Bil PE Ratio: 15.49 PB Ratio: 1.55 GF Score: 89/100
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Q3 2024 Granges AB Earnings Call Transcript

Oct 24, 2024 / 08:00AM GMT
Release Date Price: kr126.05 (+7.00%)
Joergen Rosengren
Granges AB - President, Chief Executive Officer

Good morning, ladies and gentlemen, and welcome to this Q3 results conference with Gränges. My name is Jörgen Rosengren. I'm Gränges' CEO and I'm here with Oskar Hellstrom, our CFO; and with Sara Lander Hyléen, our VP Communication & Investor Relations.

We'll be referring in this call to a PowerPoint presentation that's available on our web page. And I'm going to start on page two of that presentation. And as you can see on this page, we had in the third quarter of this year, another growth quarter. And that's very gratifying, especially considering that the market was rather slow.

Our sales volume increased by 7% to 123,000 tonnes compared to 115,000 last year. And this, as I just said, was in spite the rather weak automotive demand, but bolstered by good growth in other markets. And in all of our segments and in all of our markets, in fact, we had really good effect of the market share gains that we've achieved over the past 1.5 years or 2 during an increased focus period on sales for Gränges. That's, of

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