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UIE (UIE) investor relations material

UIE Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary19 May, 2026

Executive summary

  • Reported a net loss of USD 26.6 million in Q1 2026, down USD 55.7 million year-over-year, mainly due to negative fair value adjustments in Schörling and Greenbridge investments.

  • UP delivered strong operational results, with record production volumes but slightly lower net profit due to lower selling prices and weaker refinery contribution.

  • Schörling and Greenbridge investments saw significant fair value declines, reflecting broader market volatility and sector re-rating.

Financial highlights

  • Net profit/(loss) for Q1 2026: USD (26.6) million, compared to USD 29.1 million in Q1 2025.

  • Net asset value per share as of 31 March 2026: DKK 608.3, up 12% from year-end 2025.

  • Share price as of 31 March 2026: DKK 382.5, down 1% from year-end 2025.

  • Market value of assets: USD 664.5 million, down USD 32.6 million from year-end 2025.

  • Shareholders’ equity decreased to USD 726.7 million from USD 766.6 million at year-end 2025.

Outlook and guidance

  • Projected lower net profit for 2026 compared to 2025, mainly due to negative fair value adjustments in Schörling and Greenbridge.

  • UP expects satisfactory performance but faces cost pressures from energy, fertilizers, and labor.

  • Schörling’s fair value adjustment as of mid-May 2026 is negative USD 15 million year-to-date.

  • Board anticipates continued resilience but highlights ongoing global economic and geopolitical uncertainties.

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