Gränges AB in 2024: higher sales, stable profit, and reduced carbon emissions demand attention
Sweden-based Gränges AB, a global leader in aluminium rolling and recycling, announced its production and financial results for 2024, reporting record-high sales volume and earnings. Gränges operates recycled-content aluminium facilities in Sweden, China, Poland, and the United States. In the US, it operates a scrap-fed melt shop and casting facility, commencing in 2023.
Fiscal achievements
In the fourth quarter of 2024, Gränges sold 130.3 thousand tonnes of recycled and rolled aluminium products, up by 21 per cent Y-o-Y, and earned SEK 6,184 million (US$558.205 million). For the full year, the sales volume amounted to 505.8 thousand tonnes, reflecting a 9.2 per cent rise Y-o-Y, valued at SEK 23,506 million (US$2,118.27 million).
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