NEL ASA

Nel missed market expectations: revenue from customer contracts fell 63% in the quarter to NOK 112m, and total revenue dropped by around 60% to NOK 138m. EBITDA was worse than forecast, with a loss of NOK 93m, and the net loss amounted to NOK 141m. Order intake rose sharply (Q3: +339% to NOK 253m; total orders climbed to around NOK 1.3bn), while cash and cash equivalents stood at NOK 1.08bn. » More on deraktionaer.de

NEL ASA will open the books for the quarter ended 30 Sep 2026 on 15 Oct 2026. On average, 3 analysts expect a quarterly loss per share of -0.063 NOK (prior year -0.050 NOK) and 5 analysts forecast revenue of 202.2 million NOK, a decline of about 33%. For the fiscal year, analysts on average expect a loss per share of -0.315 NOK and revenue of 729.0 million NOK (prior year 963.1 million NOK). » More on finanzen.net

NEL subsidiary NEL Hydrogen US has received an order from an unnamed US technology company for several containerized MC-PEM electrolyzers worth around USD 12 million; delivery is planned for 2027 and stacks are to be manufactured in Wallingford (Connecticut). NEL sees this as a strengthening of its position in the market for decentralized hydrogen production and highlights the flexibility of the MC platform for demanding industrial applications. The financial impact for NEL is limited, however, as the company reports large quarterly losses, an order backlog of NOK 1.21 billion and cash of NOK 1.33 billion; the final balance-sheet effect depends on the quarterly report. » More on finanzen.net