Sweden's Orrön Energy Q1 revenue rises on higher power prices, project sales

Orron Energy AB

06/05/2026 06:43

Overview

Sweden renewable energy firm's Q1 revenue rose yr/yr on higher power prices, project sales

Company completed sale of 93 MW German solar project, received milestone payments in Q1

Proportionate EBITDA and EBIT turned positive from losses a yr ago

Outlook

Company expects costs related to Sudan case to decline significantly from Q3 2026

Orron Energy expects verdict in Sudan legal case before end of 2026

Company says main financial impact from German project sales expected over next 24 months

Result Drivers

HIGHER POWER PRICES - Co said elevated Nordic electricity prices, driven by high demand and constrained supply, supported Q1 financial performance

PROJECT SALES - Co said milestone payments from the sale of a 93 MW German solar project contributed to Q1 revenue

ANCILLARY SERVICES - Co said around half its portfolio now provides ancillary services, creating additional revenue streams and helping mitigate market volatility

Company press release: ID:nGNE8XdHNy

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 12.90 mln
Q1 EPS
EUR 0
Q1 Net Income
-EUR 1 mln
Q1 EBIT
EUR 100,000
Q1 EBITDA
EUR 4.40 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the independent power producers peer group is "buy"

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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.)