)

Rana Gruber (RANA) investor relations material
Rana Gruber Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q2 2025 iron ore concentrate production reached 440,000 tonnes, up 4.5% year-over-year, with strong operational performance despite planned maintenance.
Revenue for Q2 was NOK 327 million, down 40% year-over-year, mainly due to lower iron ore prices and volumes sold.
Net profit for the quarter was NOK 49.7 million (adjusted NOK 34.7 million), reflecting lower revenues and price volatility.
Board approved infrastructure investments at Storforshei/Stolfe Forschein to support future operations and transition to new mining areas.
Quarterly dividend of NOK 0.66 per share declared, representing 70% of adjusted net profit and continuing 18 consecutive quarters of dividends.
Financial highlights
EBITDA for Q2 was NOK 92.5 million, down 55% year-over-year; EBITDA margin fell to 28.3%.
Adjusted net profit was NOK 34.7 million, with adjusted EPS at NOK 0.94 (Q2 2024: NOK 3.71).
Net cash flow from operations was NOK 47 million, including a NOK 44 million tax payment.
Free cash flow was NOK 134 million, or NOK 3.62 per share.
CapEx for the period was NOK 52 million, mainly for mine development and installations.
Outlook and guidance
Magnetite volumes and FE65 production expected to increase as new mining areas come online by end-2025.
Confident in achieving long-term cash cost target of $50–$55 per tonne, despite short-term fluctuations.
Market conditions improved after quarter-end, with higher iron ore prices and stronger USD expected to benefit Q3.
European steel sector remains weak; shipments to Asia secured for the next three quarters.
Focus on cost discipline, high-grade product delivery, and balanced risk to sustain profitability.
Next Rana Gruber earnings date

Next Rana Gruber earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage