Q1 results
Arise delivered sales of SEK 107m, 9% above our expectation of SEK 98m. Kölvallen contributed with revenue recognition, which resulted in Development and Solutions' revenues of SEK 27m, slightly below our forecast of SEK 31m. Own production sales came in at SEK 82m with a realised price of SEK 936/MWh, well above our forecast of SEK 756/MWh, positively impacted by its hedges. Group EBIT was SEK 61m, above our estimate of SEK 45m. All in all, this resulted in net profit of SEK 52m compared to our forecast of SEK 34m.
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