Sweden's Heliospectra Q1 net sales jump, operating loss narrows

Heliospectra AB (publ)

24/04/2026 07:49

Overview

Sweden horticulture lighting firm's Q1 net sales more than doubled yr/yr

Company's operating loss narrowed compared to prior year

Company notes strong commercial activity but says additional capital will be required

Outlook

Company says it is too early to provide a 2026 revenue outlook

Company says market remains highly competitive with continued pricing pressure

Company is evaluating financing options to support development until larger projects are secured

Result Drivers

HIGHER ORDER INTAKE - Co said increased order intake and commercial engagement contributed to higher net sales in Q1

LARGE PROJECT PIPELINE - Co engaged in discussions for large-scale greenhouse projects but has not yet secured major contracts

COST OPTIMIZATION - Co worked to optimize cost structure in response to pricing pressure in greenhouse segment

Company press release: ID:nMFNczdw

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
SEK 5.15 mln
Q1 Net Income
-SEK 8.46 mln
Q1 EBIT
-SEK 8.45 mln
Q1 Orders
SEK 6.23 mln


Analyst Coverage

Wall Street's median 12-month price target for Heliospectra AB (publ) is SEK0.18, about 82.7% above its December 12 closing price of SEK0.10

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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.)