Sweden's PowerCell Q4 revenue falls 34% y/y

Powercell Sweden AB (publ)

04/02/2026 06:40

Overview

Sweden hydrogen solutions firm's Q4 revenue declined 34% yr/yr

Company signed SEK 43 mln methanol-to-power system order with a European shipyard

Company signed SEK 4.3 mln order for fuel cell systems with Zeppelin Power Systems

Outlook

PowerCell joins European GAMMA project for hydrogen fuel cell retrofitting

Company secures additional SEK 50m credit facility for customer project financing

PowerCell notes increasing market interest but cautious investment decisions

Result Drivers

SHIFT TO INDUSTRIAL EXECUTION - Co emphasized transition to industrial execution from technology development, impacting quarterly results

SIGNIFICANT ORDERS - Co secured major orders including SEK 43 mln methanol-to-power system for a European shipyard

MARKET CONDITIONS - Co noted market characterized by increasing interest but cautious investment decisions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 95.10 mln
Q4 Net Income
-SEK 21 mln
Q4 Gross Margin
35.20%
Q4 Basic EPS
-SEK 0.34
Q4 Operating Cash Flow
SEK 101.80 mln
Q4 Operating Income
-SEK 18.60 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy."

Wall Street's median 12-month price target for Powercell Sweden AB (publ) is SEK34.00, about 28.5% above its February 3 closing price of SEK26.46

Press Release: ID:nMFN2RfbVY

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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.)