Magnora ASA

Magnora reported an adjusted loss per share of -$0.3483 for Q2/2026 (forecast -$0.1515) and revenue of $10.06 million versus expected $22.08 million. The company emphasizes a solid liquidity position with NOK 814 million in cash and total liquidity of around NOK 964 million; the data center division raised NOK 650 million through an IPO. Magnora estimates its renewable energy portfolio at around 10 GW and targets 12 GW by the end of 2026, but continues to note project timing and grid connection risks. » Más en de.investing.com

Magnora reports mixed Q1 2026 results: operating burdens from one-off costs and higher legal expenses, but no debt and a cash balance of NOK 130 million. The strategic shift to data centers, with a pipeline of more than 1,500 MW, is driving growth; a possible spin-off/IPO of the data center business for 2026 is being considered. Investors reacted positively, with the stock up 2.5% at NOK 28.7. » Más en de.investing.com

Magnora reports record development-portfolio growth to 10.4 GW (+60%) and has made a strategic shift toward data centres, with secured projects of 210 MW in Norway and Finland. The company shows strong liquidity of NOK 316 million and zero debt, but reports a decline in profit before tax to NOK 12.2 million (2024: 269 million) following the sale of Hermana. The outlook for 2026 anticipates further growth in the data-centre business with projects that could exceed the previous target range of 500–800 MW; the share recently reacted slightly negatively (-1.22%). » Más en de.investing.com