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Arise Q4 2023: Solid sales but higher costs - Redeye

Redeye thinks Arise’s Q4 2023 report came in weaker than expected. Net sales was somewhat better than expected, but the costs came in higher than expected. These costs refer to the COGS of project Fasikan (105MW) and costs related to Arise’s variable remuneration program for 2023. The board proposes a dividend of SEK1.2 (SEK1.0) per share.

Redeye thinks Arise’s Q4 2023 report came in weaker than expected. Net sales was somewhat better than expected, but the costs came in higher than expected. These costs refer to the COGS of project Fasikan (105MW) and costs related to Arise’s variable remuneration program for 2023. The board proposes a dividend of SEK1.2 (SEK1.0) per share.
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