Norway's REC Silicon Q1 revenue dips due to lower silicon gas sales volumes

Rec Silicon ASA

07/05/2026 05:40

Overview

Norway silicon materials producer's Q1 2026 revenue declined slightly from prior quarter

Company's Q1 EBITDA loss widened marginally from previous quarter

Company completed NOK 972.6 mln rights issue post-quarter to repay debt and fund operations

Result Drivers

LOWER SALES VOLUMES AND PRICES - Co said Butte segment revenues fell due to lower silicon gas sales volumes, a 0.3% decrease in sales price, and lower polysilicon volumes

COST REDUCTION FOCUS - Co said it is continuing efforts to reduce costs while seeking revenue opportunities

Company press release: ID:nMFN6VTVvf

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EBITDA
-$3.80 mln


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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.)