Q1 2026 is out and, given the economic situation, one can only state that there isn’t much to write home about.
Except for one footnote of a footnote, italics at the end are my own:
“January–March 2026 compared with January–March 2025
Revenue increased 10% to SEK 662m (603). Higher selling prices and higher delivery volumes
had a positive impact on revenue.
EBITDA increased 54% to SEK 206m (134). The EBITDA margin was 31.1% (22.2). The
increase was primarily related to higher electricity prices, commissioning of Fasikan and higher
prices in the liquid biofuels business.”
The upcoming quarters will be quite interesting as all possible fuel is being sourced to keep planes in the air.