Sweden's Eolus posts Q4 net loss due to impairments on offshore wind projects

Eolus AB (publ)

11/02/2026 06:56

Overview

Renewable energy developer's Q4 net sales rose significantly, but company reported a net loss

Company completed sale of Swedish wind parks, boosting cash flow

Company recognized impairments on offshore wind projects, impacting Q4 operating profit

Outlook

Eolus withdraws target of SEK 1,400 mln operating profit for 2025-2027

Company expects positive cash flow impact from Fageråsen project in Q1 2026

Eolus maintains targets for return on equity, equity ratio, and dividend policy

Result Drivers

WIND PARK SALE - Sale of Swedish wind parks Fågelås, Dållebo and Boarp improved cash flow and led to net cash position

IMPAIRMENTS - Recognized impairments on offshore wind projects negatively impacted Q4 operating profit

CASH FLOW IMPROVEMENT - Transactions generated net cash flow of over SEK 500 mln, turning net debt into net cash

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
SEK 1.37 bln
Q4 Adjusted EPS
-SEK 12.14
Q4 Net Income
-SEK 312 mln
Q4 Order Backlog
SEK 254 mln
Q4 Pretax Profit
-SEK 356 mln


Analyst Coverage

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

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

Wall Street's median 12-month price target for Eolus AB (publ) is SEK41.00, about 12.3% above its February 10 closing price of SEK36.50

The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 4 three months ago

Press Release: ID:nMFND1S3x

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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.)