Metacon Q2 revenue rises on project activity in Greece, Romania

Metacon AB (publ)

12/08/2026 07:10

Overview
Sweden hydrogen systems maker's Q2 revenue rose 15% yr/yr to SEK 65 mln
Q2 operating loss widened to SEK 32.2 mln from SEK 11.1 mln last year
Company raised SEK 77 mln in rights issue and secured SEK 111 mln climate grant

Outlook
Metacon did not provide specific financial guidance for the current quarter or full year

Result Drivers
PROJECT ACTIVITY - Co said revenue growth was mainly due to higher activity in major projects in Greece and Romania, and increased revenues from ongoing deliveries

Company press release: ID:nWkrZnvjn

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
SEK 65 mln
SEK 89 mln (1 Analyst)
Q2 Loss Per Share
 
SEK 0.03
 
Q2 EBIT
 
-SEK 32.20 mln
 
Q2 EBITDA
 
-SEK 29.20 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the renewable energy equipment & services peer group is "buy"
Wall Street's median 12-month price target for Metacon AB (publ) is SEK0.23, about 24.3% above its August 11 closing price of SEK0.19

Reuters Recommended Reads
Aug 12 - Thyssenkrupp Nucera Q3 revenue falls as green hydrogen sales drop
Aug 10 - Plug Power Q2 adjusted EPS loss narrows, lifts 2026 outlook
Aug 11 - Sweden's Eco Wave Power H1 net loss narrows on cost discipline

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)