Finland's Betolar Q1 revenue more than doubles to record high

Betolar Oyj

23/04/2026 06:46

Overview

Finnish circular economy firm's Q1 revenue more than doubled yr/yr to record high

Company's Q1 EBITDA loss narrowed compared to last year

Full-year guidance unchanged; revenue expected to increase significantly in 2026

Outlook

Betolar maintains full-year guidance, expects 2026 revenue to increase significantly versus 2025

Company says short-term revenue supported by infrastructure solutions and circular materials sales

Betolar says investments in Metal Extraction Technology support long-term value creation

Result Drivers

METAL EXTRACTION PROJECTS - Growth driven by new and follow-on orders in Metal Extraction Technology, including collaborations with Anglo American, EcoGraf and GTK

INFRASTRUCTURE SOLUTIONS - Execution of largest project order and development of low-carbon, cementless concrete solutions supported revenue

CIRCULAR MATERIAL SALES - International and Finnish sales of blast furnace slag to the concrete industry contributed to growth

Company press release: ID:nWkr9N4s2k

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
EUR 441,000
Q1 EBITDA
-EUR 972,000


Analyst Coverage

The one available analyst rating on the shares is "sell"

The average consensus recommendation for the construction materials peer group is "buy."

Wall Street's median 12-month price target for Betolar Oyj is €1.10, about 0% even its April 22 closing price of €1.10

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)