Norway's REC Silicon Q4 revenue up on higher pricing

Rec Silicon ASA

12/02/2026 05:37

Overview

Norway silicon materials producer's Q4 revenue rose 19.3% from Q3, driven by product mix

Q4 EBITDA loss narrowed to USD 3.7 mln from USD 7.2 mln in Q3

Company announced fully underwritten rights issue to stabilize liquidity

Outlook

Company focuses on cost optimization and revenue improvement in transition to silicon gases

REC Silicon stabilizes liquidity with rights issue underwritten by Anchor AS

Result Drivers

PRODUCT MIX - Revenue increased by 19.3% due to a favorable product mix, which also led to a 17.6% rise in silicon gas sales prices

COST OPTIMIZATION - CEO Kurt Levens highlighted ongoing efforts in cost optimization and revenue improvement as part of the company's strategic focus

LIQUIDITY STABILIZATION - The fully underwritten rights issue by Anchor AS is intended to stabilize liquidity by reducing debt and increasing cash for operations

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EBITDA
-$3.70 mln


Press Release: ID:nMFN18MlTV

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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.)