Gränges’ third quarter sales volume and operating profit are expected to be above market expectations
Gränges expects to report sales volume and adjusted operating profit for the third quarter 2020 above the current market expectations. The sales volume for the third quarter is expected to be 86.7 ktonnes (85.8) and the adjusted operating profit is expected to amount to about SEK 200 million (190). The operating profit in the third quarter has been positively impacted by a stronger market demand and increased effects from cost reduction initiatives. The amounts stated in this press release are preliminary and unaudited. Gränges will not make any further comments on the financial