Gränges half-year report 2020
Continued strong cash generation in difficult market conditions Second quarter 2020 · The COVID-19 pandemic and the extraordinary measures taken to limit the spread of the virus significantly reduced the demand for Gränges’ products in the quarter. Sales volume decreased by 23.8 per cent to 70.8 ktonnes (92.9). Net sales decreased to SEK 2,221 million (3,188). · Adjusted operating profit was SEK 42 million (257) and adjusted operating profit per tonne was 0.6 kSEK (2.8). · Profit for the period decreased to SEK 1 million (171) and includes items affecting comparability of SEK –