Sweden's Metacon Q1 revenue rises 46%, EBITDA turns positive

Metacon AB (publ)

07/05/2026 07:12

Overview

Sweden hydrogen systems developer's Q1 revenue rose 46% yr/yr

Q1 EBITDA improved to SEK 1.3 mln from a loss, driven by increased project activity

Gross margin slipped to 16% on changed project mix

Outlook

Company expects continued gross margin variations due to differing project mix

Result Drivers

PROJECT ACTIVITY - Co said improved EBITDA was driven by increased project activity

PROJECT MIX - Gross margin slipped to 16% due to a changed project mix, which co said is a natural variation

Company press release: ID:nWkr32lWnk

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
SEK 73.50 mln
SEK 77 mln (1 Analyst)
Q1 EPS
-SEK 0.01
Q1 EBIT
-SEK 3.20 mln
Q1 EBITDA
SEK 1.30 mln


Analyst Coverage

The one available analyst rating on the shares is "strong 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 SEK0.40, about 52.4% above its May 6 closing price of SEK0.26

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.)