OX2

January-March 2024
•   Net sales amounted to SEK 944 million (1,463)
•   Operating income amounted to SEK -110 million (102)
•   Operating margin amounted to -11.6% (7.0)
•   Net income for the period was SEK -58 million (89)
•   Earnings per share before and after dilution totalled SEK -0.19 (0.36*)
•   Cash flow from operating activities amounted to SEK 125 million (878)

CEO comments
“We have made good progress in our current sales processes and reiterate our forecast of an increased operating income for 2024. During the quarter, we initiated the process of selling another substantial portfolio of onshore wind power in Finland and after the end of the quarter we signed an agreement to sell our first energy storage project in Sweden.”
 
Webcast and telephone conference
 
A presentation of the company’s interim report for the first quarter 2024 will be held today at 10.00 (CEST). If you wish to participate via webcast please use the link below. Via the webcast, there is an opportunity to ask written questions.

OX2 Q1 Report 2024 (financialhearings.com)
 
If you wish to participate via teleconference please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference. 

Call Access (financialhearings.com)
 
For further information, please contact:

 
Henrik Vikström, Investor Relations Director OX2
+46 709 528 006
henrik.vikstrom@ox2.com