Sweden's SaltX Q1 net sales jump

SaltX Technology Holding AB (publ)

05/05/2026 06:39

Overview

Sweden greentech firm's Q1 net sales rose sharply yr/yr

Company reported continued operating loss and negative operating cash flow for Q1

SaltX and Holcim achieved breakthrough producing cement clinker in fully electrified process

Outlook

SaltX did not provide specific guidance for the current quarter or full year

Result Drivers

ELECTRIFIED CEMENT BREAKTHROUGH - SaltX and Holcim produced Portland-quality cement clinker in a fully electrified process, which the company called a major breakthrough

FUNDING AGREEMENTS - SaltX received MSEK 110 through a rights issue and entered an agreement with Frontier for USD 1.5 mln in funding for permanent carbon removal technology development

Company press release: ID:nWkr8k182d

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
SEK 7.90 mln
SEK 10 mln (1 Analyst)
Q1 Adjusted EPS
-SEK 0.10
Q1 EBIT
-SEK 23 mln
Q1 Operating Cash Flow
-SEK 16.10 mln


Analyst Coverage

Wall Street's median 12-month price target for SaltX Technology Holding AB (publ) is SEK5.75, about 5.3% above its May 4 closing price of SEK5.46

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.)