Rana Gruber ASA

Rana Gruber reported Q3 revenue of NOK 425 million (+9% year-on-year) and adjusted earnings per share of $2.28 (forecast $2.55). Despite the EPS miss, the stock climbed 5.17% to $67.1 as investors viewed the revenue increase, dividend policy and strategic initiatives positively. The company plans to switch to high‑grade iron ore by 2029, continues to focus on cost control and operational efficiency, and targets a dividend payout ratio of 50–70% of adjusted net profit. » Mere på de.investing.com

Rana Gruber AS reported revenue for Q2 2025 fell from NOK 547m to NOK 327m, and adjusted EPS dropped from NOK 3.71 to NOK 0.94. Adjusted net profit declined to NOK 47m and EBITDA fell to NOK 92.5m; the company attributes the weak results to a volatile iron ore environment and a slowdown in the European steel industry. Rana Gruber plans to start FE65 production by the end of 2025, maintains its cost targets and is considering expansion into Asian markets. » Mere på de.investing.com