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Scandinavian Enviro Systems (SES) investor relations material
Scandinavian Enviro Systems Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net revenues for Q1 2026 were MSEK 7.3, nearly flat year-over-year, while earnings after tax fell sharply to MSEK -80.5 from MSEK -23.4, mainly due to an impairment loss following the bankruptcy of a subsidiary.
Leadership changes included the appointment of a new CEO and CFO, and a board member resignation.
The company applied for reorganization and terminated disadvantageous joint venture agreements, aiming to unlock the value of its technology.
Strong global interest in the company’s patented technology for tire recycling and carbon black recovery continues.
Financial highlights
Net revenues: MSEK 7.3 (Q1 2025: 7.4).
Operating loss: MSEK -22.4 (Q1 2025: -23.9).
Net loss after tax: MSEK -80.5 (Q1 2025: -23.4), impacted by an MSEK 80.8 impairment loss.
Cash flow after investments: MSEK -38.3 (Q1 2025: -43.9).
Cash at period end: MSEK 35.0 (Q1 2025: 31.2).
Outlook and guidance
The company expects continued volatility in input prices due to geopolitical uncertainty and is focusing on strategic flexibility and business development.
Ongoing reorganization aims to commercialize core technology and improve financial sustainability.
- Scaling advanced tire recycling in Europe with strong financial and ESG momentum.SES
Investor Update8 Jun 2026 - Heavy losses and project delays drive uncertainty despite capital raise and strong technology interest.SES
Q4 202527 Feb 2026 - Revenue and profit fell, but expansion and full booking of Uddevalla plant signal strong demand.SES
Q3 202519 Nov 2025 - Revenue and profit fell, but funding and project milestones secure future growth.SES
Q2 202519 Aug 2025 - Strong revenue and profit growth driven by joint venture milestones and Uddevalla plant progress.SES
Q3 202413 Jun 2025 - Revenues and profits soared on JV project income as Uddevalla plant construction advances.SES
Q2 202413 Jun 2025 - Q1 2025 saw steep revenue drop but major progress on Uddevalla plant and new rights issue.SES
Q1 20256 Jun 2025 - Enviro achieved record revenues and first full-year profit, advancing its European rollout.SES
Q4 20245 Jun 2025
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