Q4'22 expectations
We expect Q4 sales of SEK 118m (SEK 79m), mainly from revenue recognition from Kölvallen and revenues from its own production. Q3 had very weak winds in addition to unfavourable hedges, but we expect this to improve in Q4 as the hedge position is better (EUR 104/MWh) this quarter while winds have been stronger (yet still lower than budgeted), contributing SEK 74m to sales. We foresee a group EBIT of SEK 51m with a margin of 43.2%, resulting in a net profit of SEK 43m (SEK 13m).
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