Rana Gruber ASA reported fourth quarter (Q4) 2025 revenues of NOK 413 million, with full year (FY) 2025 revenues totaling NOK 1.57 billion. Q4 production reached 428,000 metric tonnes, bringing full-year production to 1.81 million tonnes. The cash cost per tonne for Q4 was NOK 647, impacted by lower volumes, higher energy prices, and NOK 6.5 million in non-recurring transaction costs. Adjusted earnings per share $(EPS)$ for Q4 stood at NOK 1.19, while full-year free cash flow per share was NOK 3.06, with free cash flow for the year at NOK 114 million. As of 30 June 2025, total assets amounted to NOK 1.82 billion, with total equity at NOK 1.03 billion and an equity ratio of 56.9. Interest-bearing debt was NOK 368 million, and cash and cash equivalents totaled NOK 62 million. During the quarter, Rana Gruber ASA also announced the launch of a voluntary offer by Champion Iron, valuing the company at approximately NOK 2.93 billion, an offer which the Board has unanimously recommended. The company maintained a strong safety record with no production-related injuries in Q4, and noted that increased costs were driven by higher energy prices and one-off transaction costs. Depreciation rose in line with a gradual shift in production levels. The next presentation is scheduled for 30 April 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rana Gruber ASA published the original content used to generate this news brief on February 12, 2026, and is solely responsible for the information contained therein.