Sustainable Energy Solutions Sweden Holding AB ("SENS") hereby publishes the half-year report for the period January – June 2025. The full report is available in Swedish on SENS's website www.sens.se and as an attached file.
2025-04-01 - 2025-06-30 (second quarter)
- Net sales amounted to 39 kSEK (15,925).
- Operating profit (EBIT) amounted to -1.851 kSEK (-5,470).
- Operating profit/loss before depreciation and amortization (EBTIDA) amounted to 2,168 kSEK (7,643).
- Earnings per share amounted to -0.01 SEK (-0.06).
- Cash flow from operating activities amounted to -534 kSEK (9,647).
kSEK = thousand SEK
Figures in parentheses refer to the same period the previous year.
Comments from CEO Anders Björkenbo
"I have now been CEO of SENS for just over two weeks – a fairly short time, you might think – but the business is not new to me. I have been at SENS for two years and before I took over as CEO, my role in the company was COO - operationally responsible. In my new role, I have the privilege of, in addition to leading the company's daily work, together with the Board of Directors and the company's other employees, developing strategies and concrete measures to increase, visualize and realize the great values that have been built up in SENS in recent years.
Successful project development has made SENS a Nordic leader
In recent years, SENS has transformed into a pure project developer in large-scale energy storage and energy production. Great value has been built up in the project portfolio, the market position and SENS' expertise in not least UPHS (Underground Pumped Hydro Storage - large-scale energy storage through pumped storage underground). Being an early-stage project developer means that we focus on developing the projects to ready-to-build (RtB) where the projects can be sold to an external party that builds and manages the project.
The way forward for SENS
As previously communicated, our primary focus is to strengthen the commercial side of activities. The company's highest priority continues to be to enable the sale of projects from the built-up portfolio – it is through realized deals that we create profitability and free up resources for continued growth.
We have several forces in place. Now it's about focus, execution power and trust. My goal is to strengthen the business so that SENS is well equipped – strategically anchored, financially disciplined and ready to deliver on its mission in the energy transition."
For further information contact:
Anders Björkenbo, CEO; Phone: +46 735 00 00 63
This information is the type of information that Sustainable Energy Solutions Sweden Holding AB is obliged to publish pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above on August 25, 2025 9.30 pm
About SENS
Sustainable Energy Solutions Sweden Holding AB (publ)(SENS), provides sustainable energy solutions enabling the transition to a fossil-free and CO2 neutral energy mix both locally and internationally. SENS develops, designs, constructs and sells large-scale energy projects combining renewable energy sources with next generation energy storage technologies such as underground pumped hydro storage (UPHS) and/or battery energy storage systems (BESS). The company also conducts technical advisory consultancy services within energy storage and energy systems optimisation. The company is listed on NGM Nordic SME under the short name SENS.
