Business Model & After-salesGrand Banks combines new-vessel sales with after-sales service, creating recurring service revenue and owner lock-in. This durable mix supports lifecycle customer relationships, stabilizes revenue between deliveries, and enhances long-term customer retention and margin sustainability.
Conservative Balance SheetLow leverage and a strong equity base provide financial flexibility to fund production, absorb order timing volatility, and invest in product programs. A robust ROE demonstrates efficient capital use, helping sustain operations and strategic initiatives through industry cycles.
Improving Cash GenerationMaterial FCF growth and operating cash conversion above net income indicate stronger cash-generation capacity. That durable improvement supports reinvestment, working-capital needs for production, and the ability to fund dividends or strategic spending without heavy external financing.