OverviewSuggest Edit
Granges is a global aluminium company. It specializes in rolled aluminum products for the manufacture of brazed heat products. The Company directs its offer to original equipment manufacturers (OEM), supporting them in product development. Its key competences include brazing and processing, mechanical properties, corrosion, and lubrication, chemistry and surfaces. The Company also has research and development (R&D) and production facilities.
| Type | Public | |
| Founded | 1896 | |
| HQ | Stockholm, SE | Map |
| Website | granges.com |
Key People/Management at Granges
Johan Menckel
Magnus Carlstrom
Pernilla Grennfelt
Oskar Hellstrom
Patrick Lawlor
Niclas Nelson
Granges Office Locations
Granges Financials and Metrics
Granges Revenue
| SEK | |
|---|---|
Revenue (Q2, 2019) | 3.2b |
Gross profit (Q2, 2019) | 1.2b |
Gross profit margin (Q2, 2019), % | 36.1% |
Net income (Q2, 2019) | 171.0m |
EBIT (Q2, 2019) | 257.0m |
Market capitalization (31-Oct-2017) | 6.6b |
Closing stock price (31-Oct-2017) | 86.5 |
Cash (30-Jun-2019) | 581.0m |
| SEK | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|
Cash | 851.0m | 742.0m | 457.0m |
Accounts Receivable | 1.6b | 1.8b | 1.9b |
Inventories | 1.4b | 1.6b | 2.0b |
Current Assets | 3.9b | 4.2b | 4.3b |
| SEK | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
|---|---|---|---|---|---|---|---|---|
Cash | 458.0m | 702.0m | 703.0m | 666.0m | 636.0m | 658.0m | 485.0m | 581.0m |
Accounts Receivable | 1.8b | 1.8b | 1.8b | 2.0b | 2.1b | 2.1b | 2.0b | 1.9b |
Inventories | 1.6b | 1.5b | 1.5b | 1.9b | 2.1b | 1.9b | 2.0b | 2.0b |
Current Assets | 3.8b | 4.0b | 4.0b | 4.6b | 4.8b | 4.6b | 4.5b | 4.5b |
| SEK | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|
Net Income | 559.0m | 917.0m | 940.0m |
Depreciation and Amortization | 265.0m | 370.0m | 353.0m |
Cash From Operating Activities | 686.0m | 968.0m | 1.4b |
Purchases of PP&E | (1.7b) |
| SEK | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
|---|---|---|---|---|---|---|---|---|
Net Income | 237.0m | 527.0m | 754.0m | 217.0m | 519.0m | 749.0m | 275.0m | 532.0m |
Depreciation and Amortization | 102.0m | 204.0m | 287.0m | 82.0m | 171.0m | 261.0m | 108.0m | 221.0m |
Cash From Operating Activities | 120.0m | 489.0m | 710.0m | 294.0m | 585.0m | 901.0m | 278.0m | 588.0m |
Purchases of PP&E | (1.7b) |
| SEK | Y, 2019 |
|---|---|
Financial Leverage | 2.5 x |
Granges Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| GETEK GmbH | October 12, 2017 | |
| Noranda | August 05, 2016 |
Granges Revenue Breakdown
Granges revenue breakdown by geographic segment: 7.8% from Asia, 15.4% from China, 15.9% from Rest of Europe, 10.5% from Americas, 47.5% from USA and 2.8% from Other
Granges Online and Social Media Presence
Granges's Trends
Granges News and Updates
Granges enters into new credit facility agreements and increases the financial flexibility
UPDATE 1-Sweden's Granges halts plans for U.S. aluminium joint venture
Granges Frequently Asked Questions
When was Granges founded?
Granges was founded in 1896.
Who are Granges key executives?
Granges's key executives are Johan Menckel, Magnus Carlstrom and Pernilla Grennfelt.
How many employees does Granges have?
Granges has 1,800 employees.
What is Granges revenue?
Latest Granges annual revenue is kr12.9 b.
What is Granges revenue per employee?
Latest Granges revenue per employee is kr7.2 m.
Who are Granges competitors?
Competitors of Granges include Grupa Kety, AMAG and Hosecraft USA Industries.
Where is Granges headquarters?
Granges headquarters is located at Linnégatan 18, Stockholm.
Where are Granges offices?
Granges has offices in Stockholm, Finspång, Franklin and Shanghai.
How many offices does Granges have?
Granges has 4 offices.
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