Long-term financial targets

To support the strategy for long-term sustainable growth, Gränges has set financial targets for profit growth, profitability, capital structure and dividend.

Profit growth

Average yearly operating profit growth above 10 percent.
Outcome: In 2025, operating profit increased by 2.7 percent compared to previous year, corresponding to 20 percent average 3y CAGR during the last three years. The increase was primarily driven by market share gains and improved productivity.

Profitability

Return on capital employed above 15 percent.
Outcome: In 2025, return on capital employed decreased by 1.1 percentage points to 10.8 percent. The decrease in return on capital employed was mainly due to added capital employed in Asia from the acquisition and ramp-up of the new production facility in Shandong.

Capital structure

Financial net debt normally between 1–2 times adjusted EBITDA.
Outcome: In 2025, financial  net debt decreased by SEK 224 million to SEK 4,067 million, corresponding to 1.6 times adjusted EBITDA. The decrease was due to strong operating cash flow due to a gradual reduction of capital expenditure following the completion of several capacity expansion investments.

Dividend

Dividend between 30–50 percent of profit for the year.
Outcome: The Board of Directors proposes a dividend of SEK 3.40 (3.20) per share for the 2025 fiscal year, corresponding to 36 percent (34) of the profit attributable to owners of the parent company for the year.