Suntrade Group (STRD) Q4 2025 earnings summary

Executive summary

• Focused on developing and operating large-scale energy storage solutions to support the transition to renewable energy, with a growing presence in Sweden and Finland.

• Strategic partnerships with Chinese investors and Nordeway Energy AB, including joint ventures and multi-million SEK contracts.

• Ongoing expansion into Finland, with new subsidiary established and several projects in due diligence and negotiation phases.

• Divestment of solar projects and sale of 100 MW from the project portfolio to accelerate growth and capital recycling.

Financial highlights

• Net sales for the quarter amounted to SEK 1.1 million, down from SEK 6.2 million in the same quarter last year.

• EBITDA for the quarter was SEK -0.5 million, an improvement from SEK -1.7 million year-over-year.

• Result after financial items was SEK -1.6 million, compared to SEK -4.5 million year-over-year.

• Total assets stood at SEK 13.8 million, unchanged from the previous year.

• Equity ratio at 20.1% for the group.

Outlook and guidance

• Anticipates positive revenue and market share development in coming years, driven by strong demand for energy storage and ongoing technical innovation.

• New business with China Gas expected to generate SEK 6 million annually from Q1 2026.

• Several battery projects scheduled for completion in Q4 2025 and Q1 2026, supporting further growth.