Granges Ab · OMXSTO:GRNG
Granges Ab — Q3 2026 Earnings Presentation
14 slides from Granges Ab's earnings presentation, Oct 22, 2026
Slide 1: Q3 Interim report 2026: Record earnings and improved cash flow
Q3 Interim report 2026 Record earnings and improved cash flow
Slide 2: Another record quarter
Denna bild från Summiten är ju underbar – men blir Another record quarter det för mycket? /AH • Year -on -year sales volume growth for 11 th consecutive quarter • Market share gains drove 1% growth despite reduced capacity in Asia • Record quarterly result • Adjusted operating profit of SEK 596 mill
Slide 3: Continued market share gains offset weak end-market demand and reduced capacity in Asia
Continued market share gains offset weak end - market demand and reduced capacity in Asia External year -on -year sales volume growth Q3, 2026 Climate Automotive Industrial Packaging control Total Gränges Americas → → +6% Gränges Asia -12% Gränges Europe +7% Total +12% -21% -4% +22% +1% >+3% → -3% t
Slide 4: Improved sales volume/price/mix and recycling more than offset cost increases and FX headwinds
Improved sales volume/price/mix and recycling more than offset cost increases and FX headwinds Sales volume Adjusted operating profit Adjusted operating margin ktonnes R12m SEK million R12m kSEK per tonne R12m 200 800 700 2 800 4 4 594 634 3,2 150 600 525 2 008 2 100 3 3,1 3 2,6 483 1492 1566 100 40
Slide 5: Financial overview Q3 2026
Financial overview Q3 2026 Q3 YTD SEK million 2026 2025 Δ 2026 2025 Δ Sales volume, ktonnes 154.5 153.4 0.7% 481.4 464.2 3.7% Net sales 9,485 6,933 36.8% 27,403 21,140 29.6% Adjusted operating profit 1 596 398 49.8% 1,635 1,242 31.7% Adjusted operating profit per tonne, kSEK 3.9 2.6 1.3 3.4 2.7 0.7
Slide 6: Reduced net debt and leverage driven by improved operating cash flow
Reduced net debt and leverage driven by improved operating cash flow Change in financial net debt SEK million 0 Operating cash flow 1.9x 1.7x SEK 396 million -1 000 -2 000 • Asia alternative supply solution -3 000 • Decreased aluminium price -4 000 814 -49 -186 -183 -106 -128 -5 000 -5 148 -4 987 -6
Slide 7: Gränges Americas Q3 2026: Record-high adjusted operating profit in third quarter
Gränges Americas Q3 2026: Record -high adjusted operating profit in third quarter • Sales volume increased Sales volume Adjusted operating profit by 6% vs last year ktonnes R12m SEK million R12m • Climate control market 75 300 500 2 000 recovery and share gains 249 1595 235 supported growth 222 400
Slide 8: Gränges Asia Q3 2026: Reduced capacity following fire at Shandong facility
Gränges Asia Q 3 2026: Reduced capacity following fire at Shandong facility • Sales volume decreased Sales volume Adjusted operating profit by 12% vs last year 1 ktonnes R12m SEK million R12m • 10 ktonnes reduction of 60 240 125 500 Industrial sales volume 193 196 • Soft demand was compensated 45 18
Slide 9: Gränges Europe Q3 2026: Weak demand compensated by share gains
Gränges Europe Q3 2026: Weak demand compensated by share gains • Sales volume increased Sales volume Adjusted operating profit by 6% vs last year 1 ktonnes R12m SEK million R12m • Sales growth driven by share 60 240 125 500 gains in Automotive and 207 183 Industrial 100 400 45 171 180 • Adjusted ope
Slide 10: Sustainability Q3 2026: Performance reaches new record levels
Sustainability Q3 2026: Performance reaches new record levels • Continued good progress in GHG emission intensity Sourced recycled aluminium decarbonization and circularity tCO 2 e/tonne R12m ktonnes R12m • GHG emissions intensity 14 Baseline 2021: 12.3 100 400 decreased by 8% vs last year 12 327 •
Slide 11: Fourth-quarter outlook
Anna Fourth -quarter outlook • Market demand remains difficult to predict • But: good momentum going into Q4 • In Asia, we expect a sales volume reduction of about 10 ktonnes , mainly for low -margin products • For the other regions, we expect mid -single -digit sales volume growth driven by continu
Slide 12: Another record quarter
Another record quarter • Eleventh consecutive quarter of year -on -year volume growth, thanks to continued market share gains • Adjusted operating profit up 50% to SEK 596 million – our best quarter so far • Continued strong sustainability performance • Continued good momentum entering Q4
Slide 13: Q&A
Q&A 13
Slide 14: GRANGES
GRANGES