Metacon Sees Encouraging Trends in Q3 2025 Report
Metacon AB has shared its interim results for the third quarter of 2025, revealing a period of promising developments both operationally and commercially. The company is witnessing a significant uptick in its order book, alongside enhancements to its internal processes. As teams work diligently to complete ongoing projects, there is also a focus on securing substantial new contracts.
Financial Highlights for Q3
During the quarter from July to September 2025, Metacon reported net sales of SEK 40.9 million, a remarkable increase when compared to SEK 5.7 million from the previous year. The company's EBITDA recorded -SEK 15.6 million, indicating an improvement from -SEK 46.3 million year-over-year. Other notable figures include:
- Operating profit (EBIT) of -SEK 18.3 million compared to -SEK 49.1 million.
- Profit/loss after financial items standing at -SEK 19.4 million, down from -SEK 49.3 million.
- Earnings per share at -SEK 0.01, an upward shift from -SEK 0.07.
Performance Overview: January to September 2025
For the nine-month period, from January to September 2025, the figures continued to show Metacon's growth trajectory:
- Net sales reached SEK 147.7 million compared to SEK 24.3 million.
- EBITDA reported at -SEK 35.7 million, up from -SEK 89.6 million.
- Operating profit registered at -SEK 44.5 million from -SEK 97.9 million.
- Profit/loss after financial items was -SEK 47.3 million, decreased from -SEK 99.4 million.
- Earnings per share improved to -SEK 0.04 from -SEK 0.15.
Recent Developments and Milestones
In addition to financial performance, several key milestones were achieved during and after the third quarter, which underscore Metacon's commitment to growth and sustainability:
- Partial delivery of an electrolysis plant was approved on August 22, leading to a customer payment of EUR 14.9 million.
- On August 25, the company successfully repaid project financing, bolstering its financial standing.
- Certification received on September 1 for quality management systems according to ISO 9001:2015.
- Selection as a supplier for a significant Romanian hydrogen project, worth EUR 7.1 million on September 18.
- The completion of the 7.5 MW hydrogen project contract with Elektra valued at EUR 7.1 million on October 3.
- Acquisition of valuable assets from Hynion Sverige AB's bankruptcy estate on October 14, which includes high-quality components for hydrogen refueling stations, valued at approximately SEK 67 million, with a purchase price of SEK 3.5 million.
About Metacon
Metacon AB (publ) is at the forefront of developing and manufacturing energy systems aimed at producing fossil-free 'green' hydrogen. Through its Electrolysis business unit, working closely with PERIC Hydrogen Technologies from Handan, China, Metacon offers comprehensive electrolysis plants designed for large-scale hydrogen production. Moreover, the company supplies hydrogen refueling stations, which are gaining traction in the clean transport sector. Their Reforming business unit, utilizing patented HIWAR technology, generates hydrogen through catalytic steam reforming of biogas and other hydrocarbons. This division is spearheaded by Metacon S.A., a wholly owned subsidiary based in Patras, Greece.
Frequently Asked Questions
What is Metacon's focus area?
Metacon focuses on developing energy systems for fossil-free 'green' hydrogen production, including electrolysis plants and hydrogen refueling stations.
How did Metacon perform in Q3 2025?
In Q3 2025, Metacon reported net sales of SEK 40.9 million and a significant reduction in losses compared to the previous year.
What recent milestones has Metacon achieved?
Metacon achieved milestones such as the approval of an electrolysis plant delivery, ISO certification, and securing contracts in the hydrogen sector.
What was the earnings per share for Metacon in Q3 2025?
The earnings per share for Metacon in Q3 2025 was reported at -SEK 0.01, showing improvement over the previous year.
Who are key executives at Metacon?
Christer Wikner serves as the President & CEO, while Mattias Jansson is the CFO of Metacon.
