Sweden's SaltX Q2 net sales fall sharply, operating loss widens

SaltX Technology Holding AB (publ)

21/08/2026 07:12

Overview
Sweden greentech firm's Q2 net sales fell sharply yr/yr due to prior one-off payment
Operating loss widened to SEK -22.9 mln in Q2 from SEK -1.8 mln a year earlier
Company advanced electrified cement projects and secured EU funding during the quarter

Outlook
SaltX did not provide specific financial guidance for the current or future periods

Result Drivers
CUSTOMER BASE EXPANSION - Co said it expanded its quicklime customer base during the quarter
PRIOR-YEAR PAYMENT - Co said year-ago revenue primarily consisted of a one-off SEK 20 mln payment in connection with a license agreement with SMA
EU FUNDING AND FEASIBILITY STUDY - Co secured EU funding for electrified cement production and received feasibility study order for an electrified quicklime plant

Company press release: ID:nWkr8N8Dvs

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Miss
SEK 5.90 mln
SEK 10 mln (1 Analyst)
Q2 Adjusted Loss Per Share
 
SEK 0.09
 
Q2 EBIT
 
-SEK 22.90 mln
 
Q2 Operating Cash Flow
 
-SEK 13.90 mln
 

Analyst Coverage
Wall Street's median 12-month price target for SaltX Technology Holding AB (publ) is SEK5.75, about 2.4% below its August 20 closing price of SEK5.89

Reuters Recommended Reads
Aug 20 - Sweden's Greater Than Q2 net sales fall 26% on prior-year one-off
Aug 21 - Norway's HydrogenPro Q2 revenue dips; cites near-term two major contracts
Aug 19 - Denmark's Rockwool Q2 revenue rises on volume growth; lifts 2026 outlook

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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.)