Sweden's Hexicon posts Q4 loss on impairment charge; confirms sufficient equity value in projects

Hexicon AB

26/02/2026 07:22

Overview

Floating wind developer's Q4 net revenue fell yr/yr

Company posts wider loss due to SEK 115 mln impairment on TwinHub project

Control Balance Sheet confirms sufficient equity value in remaining projects

Outlook

Hexicon did not provide specific financial guidance for future quarters or years

Result Drivers

TWINHUB IMPAIRMENT - Hexicon recorded a SEK 115 mln impairment on the TwinHub project, affecting capitalized intangible assets and goodwill

REVENUE DECLINE - Q4 net revenue fell to SEK 2.6 mln from SEK 4.7 mln yr/yr

CONTROL BALANCE SHEET - Concluded that remaining projects have sufficient value to maintain equity

Company press release: ID:nMFN3Wv2bp

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
SEK 2.60 mln
Q4 Basic EPS
-SEK 0.54
Q4 Cash Flow From Operating Activities
-SEK 14.30 mln
Q4 Operating Profit
-SEK 152 mln
Q4 Pretax Profit
-SEK 195.90 mln


Analyst Coverage

The stock recently traded at 0 times the next 12-month earnings vs. a P/E of 0 three months ago

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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.)