NEL ASA

The board has appointed Morten Holum (joining from Hexagon Purus) as the new CEO of NEL; CFO Kjell Christian Bjørnsen will run the company on an interim basis until no later than 1 May 2027. In the third quarter NEL reported a 63% revenue decline to NOK 112m, a negative EBITDA of −NOK 93m and a reduced cash balance of NOK 1.08bn. At the same time order intake rose to NOK 253m, driven by the PEM business, while alkaline is underperforming. For investors Holum’s appointment is a positive signal, but operational weaknesses and financing risks still warrant caution; analyst consensus: Hold. » Más en finanzen.net

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. » Más en 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). » Más en finanzen.net