Sweden's Climeon Q2 sales fall, order intake at zero
Sweden's Climeon Q2 sales fall, order intake at zero
Overview
Sweden energy technology firm's Q2 sales fell to SEK 0.4 mln, order intake remained at zero
Adjusted EPS for Q2 improved to SEK -0.36 from SEK -0.52 yr/yr
Company completed SEK 23 mln share issue and delivered first HeatPower 300 system in China
Outlook
Climeon says industrial sales opportunities in Europe are at a record high
Company expects marine segment customer enquiries to recover in H2 2026
Climeon says market conditions for its technology remain favorable amid rising energy costs
Result Drivers
CHINA DELIVERY - First HeatPower 300 system delivered to Jiangsu New Yangzi Shipbuilding, strengthening position in Chinese shipbuilding market
INDUSTRIAL INTEREST - Growing number of ongoing customer discussions in Europe for industrial waste heat recovery, per CEO Lena Sundquist
MARINE SECTOR CHALLENGES - Fewer new customer enquiries in marine segment due to global uncertainty and shipping disruptions, including the temporary closure of the Strait of Hormuz
Company press release: ID:nMFN8WVT9R
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales |
| SEK 400,000 |
|
Q2 Adjusted EPS |
| -SEK 0.36 |
|
Q2 Cash Flow From Operating Activities |
| -SEK 10.70 mln |
|
Q2 Operating Profit |
| -SEK 21.80 mln |
|
Q2 Orders |
| SEK 0 |
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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.)