Brief: Scandinavian Biogas Fuels International Q1 EBITDA Falls To SEK 3.7 Million

Biokraft International AB

28/04/2022 06:40

April 28 (Reuters) - Scandinavian Biogas Fuels International
AB  BIOGAS.ST :
    * Q1: WEAK RESULT BUT EXPECTED SIGNIFICANT PRICE PREMIUM
WITH
BIO-LNG
    * Q1 NET SALES TOTALLED SEK 92.9 (97.5) MILLION
    * Q1 EBITDA WAS SEK 3.7 (16.9) MILLION
    * Q1 LOSS AFTER TAX WAS SEK -11.9 (-7.3) MILLION
    * PROFITABILITY SIGNIFICANTLY IMPACTED BY PRODUCTION SUBSIDY
IN
SWEDEN NOT BEING PAID IN Q1 BUT ONLY FROM 1 JULY 2022

Source text for Eikon:  ID:nWkr2PxgBQ 
Further company coverage:  BIOGAS.ST 

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