Sustainable Energy Solutions Sweden Holding AB ("SENS") hereby publishes the interim report for the period January – March 2025. The full report is available in Swedish on SENS's website www.sens.se and as an attached file (in Swedish)
2025-01-01 - 2025-03-31 (first quarter)
- Net sales amounted to 374 kSEK (1,077).
- Operating profit (EBIT) amounted to -6,068 kSEK (-6,246).
- Operating profit/loss before depreciation and amortization (EBTIDA) amounted to -3,987 kSEK (-4,370).
- Earnings per share amounted to -0.04 SEK (-0.04).
- Cash flow from operating activities amounted to -365 kSEK (-6,136).
kSEK = thousand SEK
Figures in parentheses refer to the same period the previous year.
Comment from Henrik Boman, CEO of SENS:
“The first quarter of 2025 has, in terms of projects, confirmed that SENS continues to take steps in the right direction, despite a business landscape that demands both perseverance and flexibility. SENS is driving development in projects that vary in both maturity and technical complexity, all with a long-term view on value creation.
In the coming quarters, we will focus on further strengthening the portfolio, advancing business dialogues, and continuing our establishment in both Sweden and Finland. The work is carried out on many fronts simultaneously, but with a clear direction: to contribute to a more resilient, fossil-free, and well-functioning electricity system through flexible and integrated energy solutions.
The road ahead is not without challenges – but it is in this work that our role and relevance become most evident. Ultimately, it is about creating the conditions for an electricity system that can handle not just the next quarter, but the next decade.”
For further information contact:
Henrik Boman, CEO; Phone: +46 70-224 63 61
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 at 9.30 a.m. CET on May 20, 2025
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.
