Eolus Vind

1 January–31 March 2024

• Net sales amounted to 44 (277) MSEK.
• EBIT amounted to -29 (-12) MSEK. Profit before tax amounted to -29 (-12) MSEK.
• Net profit amounted to -32 (-15) MSEK.
• Earnings per share, before and after dilution equaled -1.30 (-0.61) SEK.
• At the end of the period Eolus had 939 (825) MW under asset management.

Significant events during the period

• Eolus made an investment decision for the wind power projects Fågelås, Boarp and Dållebo in Sweden totaling 88 MW. A turbine supply agreement was signed with Vestas and construction will start immediately.
• Eolus submitted a permit application for the 1,000 MW wind power project Blekinge Offshore off the coast of Blekinge.
• Eolus and Simply Blue Group agreed to transfer full ownership of the joint venture SeaSapphire, which develops floating offshore wind projects, to Eolus.

Significant events after the balance sheet date

• Magnus Axelsson, COO and deputy CEO, decided to leave Eolus as of June 30, 2024.

Financial Summary

Presentation of the report
At 10:00 today, CEO Per Witalisson and CFO Catharina Persson will present the report via a webcast with telephone conference.
In connection with the presentation, it will be possible to ask questions through the teleconference or in written form through the webcast. The presentation will be held in English.

Webcast:
If you wish to participate via webcast, please use the link below:
https://ir.financialhearings.com/eolus-q1-report-2024/
Via the webcast you can ask written questions.

Teleconference:
If you wish to participate via teleconference, please register on the link below:
https://conference.financialhearings.com/teleconference/?id=50048260
After registration you will be provided phone number and a conference ID to access the conference.
You can ask questions verbally via the teleconference.