Q3’22 results
Arise delivered strong group sales of SEK 917m alongside EBIT of SEK 697m. Development was boosted by the previously announced sale of Kölvallen, which contributed with EUR 75m and revenue recognition this quarter, resulting in EBITDA of SEK 704m for Development. Production had an EBITDA result of SEK 12m, driven by weak winds and a negative effect from its hedging; this resulted in an average realised price of SEK 491/MWh. All in all, Arise had a net profit of SEK of 705m.
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