Analyser av Eolus

Eolus: Impairments weighed on Q4, but Q1 improves - ABG

* Q4 EBIT in line with pre-announcement (SEK -313m) * Impairments of SEK 238m, portfolio size down to 15.

Eolus: Impairments, revised targets and Q4 prelims - ABG

* Impairments of ~SEK 240m in Q4 * Preliminary Q4 EBIT of ~SEK -315m (vs.

Eolus: Divestments pending, strategic shift ahead - ABG

* Waiting for sales of Dållebo, Boarp and Fågelås wind projects * ~470 MW under construction * Trading at '26e-'27e P/Es of 4x-6x Waiting fo...

ABG Sundal Collier • 21 nov 2025 08:55

Eolus: No big surprises in Q3 - ABG

* Q3 fairly in line, EBIT adj. SEK -69m (consensus -62m) * Savings program initiated, annual savings of ~SEK 60m * 15y PPA signed for Fågelå...

ABG Sundal Collier • 19 nov 2025 08:47

Eolus Vind: Profitability facing headwinds - ABG

* Pome project schedule delayed * Lower-than-expected project margins in Pome and Pienava * We cut '25e EBIT by SEK 262m Q2 results Eolus re...

ABG Sundal Collier • 27 aug 2025 09:40

Eolus Vind: Profitability impacted by project delay - ABG

* Q2 EBIT SEK -74m (vs. ABGSCe 103m) * EBIT negatively impacted by delay in Pome project timeline * Sales driven by Pienava divestment and P...

ABG Sundal Collier • 26 aug 2025 08:45

Eolus: Pienava powers the quarter - ABG

- Report out 26 August - Q2e EBIT of SEK 103m - Onshore wind project (147 MW), Pienava in Latvia, sold in Q2 Q2 expectations We expect Q2 n...

ABG Sundal Collier • 20 aug 2025 14:54

Eolus Vind: All roads lead to Pome - ABG

Q1 EBIT SEK 164m (vs. ABGSCe 253m) Pome 75% completed, 25% remaining Sales of Dållebo, Boarp and Fågelås pushed into H2'25e Strong start to...

ABG Sundal Collier • 15 maj 2025 09:09

Eolus Vind: Pome 75% completed, 25% remaining - ABG

Q1 EBIT SEK 164m (vs. ABSCe 253m) Pome sales biggest contributor, Stor-Skälsjön completed Pome 75% completed, company expects completion in ...

ABG Sundal Collier • 14 maj 2025 08:35

Eolus Vind Q1e: all about Pome - ABG

Report out 14 May at 07:45 CEST Pome sale the largest Q1 contributor, Stor-Skälsjön completed Q1e EBIT of SEK 253m (-28m) Q1 expectations W...

ABG Sundal Collier • 07 maj 2025 14:35

Eolus Vind: Impressive quarter wraps up '24 - ABG

Strong EBIT of SEK 437m (ABGSCe 495m) in Q4 New targets: 15% ROE and total '25-'27 EBIT SEK 1.

ABG Sundal Collier • 14 feb 2025 07:09

Eolus Vind: No big surprises, new targets for '25-'27 - ABG

Q4 EBIT SEK 437m (vs. ABSCe 495m) No big surprises, Centennial Flats main Q4 contributor Financial targets for 2025-2027 set In line report...

ABG Sundal Collier • 13 feb 2025 09:39

Eolus Vind: Centennial Flats in the limelight in Q4 - ABG

Q4 report on Thursday, 13 February Centennial Flats the largest Q4 contributor Expecting updates on onshore projects, Ölme and Pienava Q4 e...

ABG Sundal Collier • 06 feb 2025 07:22

Eolus Vind: Eolus to sell Pome battery storage project - ABG

Eolus signs agreement to sell 100 MW battery storage project Estimated EV for the project in the USD 230-235m range '25 estimates de-risked ...

ABG Sundal Collier • 07 jan 2025 07:21

Eolus Vind: Look past the small Q3 - ABG

Q3 weak but it's a small quarter for '24e Estimates for Pome divestment pushed to '25e from '24e Sales processes for Ölme (73MW) and Pienava...

ABG Sundal Collier • 21 nov 2024 08:40

Eolus Vind: Small Q3, major project sales in Q4e - ABG

Q3 EBIT -94m (ABGSCe SEK -19m) Minor estimate revisions, given Q3 small quarter Fågelås, Boarp, Dållebo to be sold in Q1'25 (in line with AB...

ABG Sundal Collier • 20 nov 2024 08:32

Eolus Vind: Anticipating a soft Q3 - ABG

- Expect weak Q3, revenue recognition from one project - Raise '24e EBIT by SEK 376m & '25e-'26e by 24-15% - Centennial Flats an important m...

ABG Sundal Collier • 14 nov 2024 15:51

Eolus Vind: Market softness continues in Q2 - ABG

Q2e on 29 Aug, expect a slow quarter before more transactions in H2 We lower '24e-'25e EBIT by 31% and 18%, move earnings to '26e Lower fair...

ABG Sundal Collier • 09 aug 2024 14:51

Eolus: Stark avslutning på 2023 - Penser Access by Carnegie

Stark avslutning på 2023 Eolus rapporterade en bra avslutning på det urstarka 2023.

Penser • 16 feb 2024 10:41

Eolus Vind: Positive outlook on '24 activity - ABG

Strong close to '23 with Q4 EBIT of SEK 99m (ABGSCe 50m) Expecting good project sales activity during '24e Only minor estimate changes, keep...

ABG Sundal Collier • 16 feb 2024 07:32

Eolus Vind: Longer than normal sales cycles - ABG

Good Q4 to cap great 2023 Concern over longer sales cycles cuts '24e-'25e EBIT by 23%/12% Fair value range lowered to SEK 110-150 (120-170) ...

ABG Sundal Collier • 01 feb 2024 07:29

Eolus: Engångsposter påverkar positivt men utmaningar i projekten - Penser

Starkt resultat men påverkat av positiva engångsposter Eolus rapporterade ett starkt resultat för Q3’23.

Penser • 21 nov 2023 11:02

Eolus Vind: Q3 boosted by arbitration award - ABG

Q3'23 report due on 17 November We expect Q3'23 EBIT of SEK 134m Maintain our value range of SEK 120-170 Q3 expectations We expect Eolus to...

ABG Sundal Collier • 20 okt 2023 13:50

Eolus: Rekordkvartal i Q2’23 - Penser

Rekordkvartal efter projektförsäljningar och milstolpebetalning Eolus rapporterade ett rekordstarkt Q2’23 med en EBIT på 517 mkr (220) och e...

Penser • 28 aug 2023 11:48

Eolus Vind: Great Q2 EBIT supports estimates - ABG

Very strong Q2 EBIT of SEK 517m We increase '23e EBIT by 129% and '24e EBIT by 29% Raise value range to SEK 120-170 (100-150) on higher EBIT...

ABG Sundal Collier • 28 aug 2023 08:22

Eolus: Resultat bättre än Q1’22 och fortsatt uppbyggnad av projektportföljen - Penser

Q1’23 resultat bättre än Q1’22, men säsongsmässigt svagt Eolus rapporterade en EBIT på -12 mkr, klart bättre y/y (-158 mkr, då resultatet ty...

Penser • 12 maj 2023 11:16

Eolus Vind: So long Öyfjellet - ABG

Solid project portfolio of ~24.5 GW We lower '23e EBIT by 14%, '24-'25e roughly unchanged The share is trading at 10x P/E on '23e Q1 result...

ABG Sundal Collier • 12 maj 2023 09:20

Eolus Vind Q1'23: initial thoughts - ABG

Weaker EBIT partly due to lower than expected Öyfjellet contribution Project portfolio of ~24.

ABG Sundal Collier • 11 maj 2023 09:18

Eolus Vind: Öyfjellet finally completed - ABG

Q1 report on Thursday, 11 May Öyfjellet finally completed The share is trading at 9x P/E on '23e Q1 expectations We expect Eolus to report ...

ABG Sundal Collier • 08 maj 2023 13:03

Eolus Vind: Growing pains weigh on margins - ABG

Q4 results Eolus had Q4 sales of SEK 366m, partly driven by the inital payment from the sale of Centennial Flats, which contributed USD 12m.

ABG Sundal Collier • 20 feb 2023 12:26

Eolus: Fortsatt utökning av projektportföljen - Penser

Ett kvartal i linje med våra förväntningar Eolus rapporterade ett Q4’22 i stort i linje med våra förväntningar.

Penser • 17 feb 2023 11:11

Stor projektportfölj med bred geografisk exponering till låg värdering - Eolus - Penser

Stor projektportfölj med bred geografisk exponering, en hög ESG profil och attraktiv värdering Eolus har en stor projektportfölj på 18 GW me...

Penser • 10 feb 2023 11:01

Eolus Vind: A solid pipeline - it's all about execution now - ABG

Q4 report due on Thursday, 16 February Sale of Centennial Flats expected to be the main EBIT driver We lower our '22e EBIT by 12% due to tim...

ABG Sundal Collier • 31 jan 2023 08:57

Eolus Vind: Adjusting estimates for new project accounting - ABG

Q3'22 results overview Eolus had net sales of SEK 111m, below our expectations of SEK 502m, as we had expected more revenue recognition from...

ABG Sundal Collier • 01 dec 2022 10:03

Eolus: Inga projektförsäljningar under kvartalet - Penser

Inga projektförsäljningar under kvartalet Eolus rapporterade en relativt låg omsättning i Q3’22, 111 mkr (691 mkr), då inga projektförsäljni...

Penser • 18 nov 2022 11:18

Eolus Vind: Weaker than expected Q3’22 - ABG

Q3’22 EBIT of SEK -8m vs. ABGSCe SEK 36m Progress in the portfolio Conference call at 10.

ABG Sundal Collier • 17 nov 2022 10:14

Eolus Vind: Cashing in on a sunny project sale - ABG

Q3 report due on Thursday, 17 November Still waiting for completion of Öyfjellet We raise our ’23e-’24e EBIT by 26-10% Q3’22 expectations W...

ABG Sundal Collier • 02 nov 2022 09:19

Eolus: Projektförsäljning och starkare underliggande marknad höjer estimat och värde - Penser

Försäljning av sol- och lagringsprojekt i Arizona, USA Eolus har annonserat att bolaget säljer ett projekt inom Sol-och batterilager i Arizo...

Penser • 18 okt 2022 11:02

Eolus: Bra projektleverans i Q2'22 - Penser

Bra projektleverans i Q2'22 Eolus rapporterade ett starkt resultat i Q2'22.

Penser • 31 aug 2022 11:04

Eolus Vind - A solid report, rebuilding trust - ABG

Sale of Stor-Skälsjön boosted the Q2 results Öyfjellet project will hopefully be completed in Q3 We raise our fair value range to SEK 115...

ABG Sundal Collier • 31 aug 2022 08:20

Eolus Vind: A good report after a diffcult year - ABG

Q2’22 EBIT of SEK 220m vs. ABGSCe SEK 45m Stor-Skälsjön sale the main driver of the beat Still waiting for Öyfjellet, even if completion i...

ABG Sundal Collier • 30 aug 2022 09:43

Eolus Vind: A bright future once Öyfjellet is completed in Q2 - ABG

We now assume very limited EBIT from Öyfjellet Good pipeline but could take time to re-build investor trust Fair value range down to SEK 95-...

ABG Sundal Collier • 30 maj 2022 09:32

Eolus Vind: Större projektportfölj men Norge tynger - Penser

Problemen med Öyefjellet fortsätter Eolus rapporterade ett svagt resultat i Q1'22.

Penser • 19 maj 2022 11:18

Eolus Vind: Guidance pekar på lägre marginaler - Penser

Problemen med Öyefjellet fortsätter Eolus rapporterade ett relativt neutralt resultat givet våra förväntningar.

Penser • 21 feb 2022 11:10

Eolus Vind: Problemen med Öyfjellet fortsätter - Penser

Svag avslutning på 2021 Eolus varnade den 3/12 för att problemen med det stora projektet i Norge, Öyfjellet, fortsätter.

Penser • 06 dec 2021 12:25

Eolus Vind: Svagt Q3 men långa bilden intakt - Penser

Q3 Eolus rapporterade en omsättning på 691 mkr (384) och EBIT till 0 mkr (57).

Penser • 19 nov 2021 11:27

Eolus Vind: Oförändrat på lång sikt - Penser

Eolus omsättning Q2'21 uppgick till 680 mkr (441) och EBIT till 8 mkr (64).

Penser • 02 sep 2021 10:45

Eolus Vind: Öyfjellet still planned for 2021 - ABG

Lower margin than expected… …but Öyfjellet still to be completed in ‘21 ’21 EBIT down 13%, fair value range lowered slightly Eolus had Q2’21...

ABG/Introduce • 01 sep 2021 07:41

Eolus Vind: Margin hit by Wind Wall delay - ABG

Q2 EBIT of SEK 8m 83% below ABGSCe SEK 47m Weaker profitability in Wind Wall Öyfjellet completion still expected in ‘21 Eolus Vind delivered...

ABG/Introduce • 31 aug 2021 09:47