Eolus AB Interim Report 1 April-30 June 2025

1 April - 30 June 2025

• Sales amounted to 364 (54) MSEK.
• EBIT amounted to -74 (-26) MSEK. Profit before tax amounted to -58 (-45) MSEK.
• Net profit amounted to -38 (-50) MSEK.
• Earnings per share, before and after dilution equaled -1.51 (-1.99) SEK.
• At the end of the period, Eolus had 1,186 (967) MW under asset management.

1 January - 30 June 2025

• Sales amounted to 2,338 (98) MSEK.
• EBIT amounted to 90 (-55) MSEK. Profit before tax amounted to 71 (-74) MSEK.
• Net profit amounted to 52 (-82) MSEK.
• Earnings per share, before and after dilution equaled 2.09 (-3.29) SEK.
• At the end of the period, Eolus had 1,186 (967) MW under asset management.

Significant events during the period

• On April 11, Eolus published its Annual and Sustainability Report 2024.
• At the Annual General Meeting on 15 May board member Marie Grönborg was elected as Chair of the Board and board member Hans Linnarson was elected as Vice Chair. The AGM resolved to distribute the dividend for fiscal year 2024 over two installments. The AGM also resolved on the name change from Eolus Vind AB to Eolus AB.
• On May 23, Eolus issued green senior secured bonds amounting to 550 MSEK, and completed a refinancing of existing debt.
• On June 9, the company’s legal name was changed from Eolus Vind AB to Eolus AB.
• On June 11, Eolus sold the onshore wind project Pienava to Latvenergo. The project is Latvia’s largest to date and Eolus’s first sale on the Latvian market.

Significant events after the balance sheet date

• On July 2, Eolus’s green bonds were admitted to trading on Nasdaq Stockholm.
• On July 25, Eolus and Dala Vind sold the jointly developed onshore wind project Fageråsen to OX2.

Comment from CEO Per Witalisson

I am confident in my colleagues’ ability to act with bravery and determination to achieve excellent results and value creation also in a weaker market. The fact that Eolus has completed two transactions over a short period of time in a challenging market is strong proof of this.

Invitation to presentation of the report
At 10:00 a.m. today a webcast with teleconference will be held, where the report is presented by CEO Per Witalisson and CFO Catharina Persson. The presentation will be held in English.

If you wish to participate via webcast, please use the link below:
https://eolus.events.inderes.com/q2-report-2025/register

If you wish to participate via teleconference please register on the link below: https://conference.inderes.com/teleconference/?id=5003686

Financial summary