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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
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Scandinavian Enviro Systems
Scandinavian Enviro Systems (SES) investor relations material
Scandinavian Enviro Systems Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary29 Oct, 2026
Executive summary
Q3 net revenue was MSEK 0.02 and loss after tax MSEK 37.3; liquidity remained constrained amid reorganisation and legal proceedings.
Priorities were completing the reorganisation, securing financing, advancing commercial discussions and developing next-generation technology and plant concepts.
Financial highlights
Q3 2026 net revenue MSEK 0.02 vs MSEK 1.6 YoY; operating loss MSEK 37.3 vs MSEK 25.7; loss after tax MSEK 37.3 vs MSEK 25.4.
9M 2026 net revenue MSEK 7.6 vs MSEK 28.9; operating loss MSEK 86.9 vs MSEK 69.0; loss after tax MSEK 144.9 vs MSEK 69.9.
Q3 cash flow after investing activities was MSEK -19.1 vs MSEK -52.4; 9M was MSEK -79.0 vs MSEK -145.8, mainly reflecting lower investment outlays.
Cash and cash equivalents were MSEK 3.1 at 30 Sep 2026 vs MSEK 133.8 a year earlier; continued operations depend on additional capital contributions.
Outlook and guidance
A revised reorganisation plan was expected in early November; proceedings could continue through 27 Nov 2026, subject to the court process and creditors’ response.
Immediate priorities were completing the reorganisation and tightly managing financial resources; financing drawdowns remain conditional, and liquidity needs remain challenging.
Arbitration costs are expected to exceed prior estimates; a final award is not expected until Q2 2028.
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Latest events from Scandinavian Enviro Systems
- Revenue and earnings fell, but new financing and global tech interest support ongoing reorganisation.SES
Q2 2026 - Scaling advanced tire recycling in Europe with strong financial and ESG momentum.SESInvestor Update
- Major impairment loss and reorganization overshadow stable revenues and strong technology interest.SESQ1 2026
- Heavy losses and project delays drive uncertainty despite capital raise and strong technology interest.SESQ4 2025
- Revenue and profit fell, but expansion and full booking of Uddevalla plant signal strong demand.SESQ3 2025
- Revenue and profit fell, but funding and project milestones secure future growth.SESQ2 2025
- Strong revenue and profit growth driven by joint venture milestones and Uddevalla plant progress.SESQ3 2024
- Revenues and profits soared on JV project income as Uddevalla plant construction advances.SESQ2 2024
- Q1 2025 saw steep revenue drop but major progress on Uddevalla plant and new rights issue.SESQ1 2025
Next Scandinavian Enviro Systems earnings date
Q4 202625 Feb, 2027
Scandinavian Enviro Systems
Next Scandinavian Enviro Systems earnings date
Q4 202625 Feb, 2027
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Frequently asked questions
Scandinavian Enviro Systems AB is a Swedish company specializing in recycling and material recovery from used tires. The company uses a patented process to extract valuable resources such as carbon black, oil, steel, and gas from tire waste. These recovered materials are then repurposed for various industrial applications. Scandinavian Enviro Systems operates both as a technology provider, offering turnkey recycling plants, and as a plant operator, running its own facilities. The company's solutions help reduce environmental impact by promoting circular economy practices in waste management. The company is headquartered in Gothenburg, Sweden, and its shares are listed on the Nasdaq Stockholm.