Scandinavian Biogas News

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2021-10-29 06:30

Q3: EU and Sweden make long-term investment in biogas in the transition to a circular economy

SIGNIFICANT EVENTS IN THE THIRD QUARTER OF 2021 · The government has proposed an extended and long-term investment in biogas up to and including 2040. · Stable high production in the Norwegian plant.  · The growth plan is progressing; in Norway, Skogn II is on track; and in Sweden, an investment decision has been made on the Stockholm Bio-LNG (liquid biogas) project.  · Extended agreement regarding delivery of Bio-LNG (liquid biogas) with the Dutch filling station chain Rolande has been signed

RESULTS OF THIRD QUARTER 2021

  • Energy sold increased by 3.8% to 90.2 (86.9) GWh. 
  • Net sales totalled SEK 95.4 (81.5) million, corresponding to an increase of 17.1%.
  • Total income, including capitalised work, increased by 15.8% and amounted to SEK 111.1 (95.9) million. 
  • EBITDA was SEK 29.0 (22.9) million.
  • Operative EBITDA was SEK 23.3 (17.9) million. 
  • The operative EBITDA margin was 23.0 (20.4) %.
  • Profit/loss after tax amounted to SEK -4.9 (-11.8) million. 
  • Basic and diluted earnings per share totalled SEK -0.16 (-0.70). 
  • Cash flow from operating activities amounted to SEK 27.0 (-14.9) million.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • An agreement with a technology provider for the liquid biogas (Bio-LNG) project in Stockholm has been signed. 
  • The Norwegian plant has obtained ISCC Certification and can thereby offer a premium Bio-LNG with audited proof of sustainability. 
  • The dispute process with the supplier in Norway has been resolved by signing a settlement agreement between the parties.

No other significant events occurred after the end of the period.

For further information, please contact:
Matti Vikkula CEO and President
Mobile +46 (0) 70 597 99 38
E mail matti.vikkula(at)scandinavianbiogas.com

Scandinavian Biogas is a leading Nordic producer of biogas as a vehicle fuel and also fertilizer. The biogas, which is CO2-neutral, is extracted from sewage sludge and waste from households and agriculture, as well as industrial organic waste. Today, there are facilities in Sweden, Norway and South Korea. In 2020, the company delivered 354 GWh to the market. Scandinavian Biogas has 92 employees and in 2020 had total sales of SEK 455 million (pro forma). The head office is located in Stockholm and the company is listed on Nasdaq Stockholm First North Premier, the Company's Certified Adviser is Erik Penser Bank AB, telephone: +46 (0) 8-463 80 00, certifiedadviser(at)penser.se, www.scandinavianbiogas.com

2021-11-05

“EffiSludge for LIFE” online workshop December 2!

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2021-10-29

Q3: EU and Sweden make long-term investment in biogas in the transition to a circular economy

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2021-10-27

Scandinavian Biogas extends agreement with Dutch gas station chain Rolande

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2021-10-19

Scandinavian Biogas’ report for the third quarter and invitation to a conference meeting on October 29

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2021-09-17

Long-term production support for biogas!

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2021-08-26

The shipping sector has increased its use of biogas

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2021-07-23

Implementation of the growth plan continues – SEK 700 M green bond issued

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2021-07-15

Scandinavian Biogas’ report for the second quarter and invitation to a conference meeting on July 23

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2021-06-29

Correction: Scandinavian Biogas announces publication of bond prospectus

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2021-06-29

Scandinavian Biogas announces publication of bond prospectus

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2021-06-21

Biogas is the future for heavy transport

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2021-06-10

Scandinavian Biogas speaks at the Nasdaq Green Designations Webinar

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2021-06-09

HOLD Technology™ increases productivity capacity with 3-5 times

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2021-06-03

Sewage sludge and food waste becomes environmentally friendly biogas

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2021-06-02

Green financing framework

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2021-05-28

220 companies, organizations and scientists in an open letter to EU

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2021-05-28

Norwegian parliament votes to equal electricity, biogas and hydrogen

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2021-05-27

Scandinavian Biogas successfully placed SEK 700 m green bonds

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2021-05-20

Biogas promotes fossil-free, circular, and sustainable society

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2021-05-04

The Board appoints members to Audit Committee and Renumeration Committee

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2021-04-29

Report from the Annual General Meeting of Scandinavian Biogas

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2021-04-29

Implementation of the growth plan is progressing, Klimatklivet has awarded the Group investment grants of SEK 135 million in Sweden, and the Skogn II project in Norway is launched

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2021-04-29

Scandinavian Biogas is investing NOK 170 million in the expansion of a facility for liquid biogas in Norwegian Skogn

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2021-04-29

Scandinavian Biogas evaluates debt financing options

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2021-04-20

Scandinavian Biogas invites to the AGM presentation and quarterly report presentation on April 29

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2021-03-31

Scandinavian Biogas has published Annual and Sustainability Report for 2020

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2021-03-29

Notice of Annual General Meeting in Scandinavian Biogas Fuels International AB (publ)

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2021-03-24

Scandinavian Biogas’ Nomination Committee proposes Anders Bengtsson as new Chair and new members of the Board

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2021-03-11

Scandinavian Biogas receives SEK 135 million in investment grants from Klimatklivet

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2021-02-18

Scandinavian Biogas Fuels International AB (publ) Year-end report for the period 1 January – 31 December 2020

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2021-02-16

Scandinavian Biogas' report for the fourth quarter and invitation to a conference call on February 18[th]

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2021-01-28

Nomination committee appointed for the 2021 Annual General Meeting of Scandinavian Biogas Fuels International AB

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2021-01-20

Share holder list as per 30.12.2020

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2021-01-15

Information on the over-allotment option and end of the stabilisation period

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2020-12-28

Stabilisation notice

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2020-12-18

Scandinavian Biogas has finalized the acquisition of Ekdalens Biotransporter AB

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2020-12-16

First Day of trading in Scandinavian Biogas’ dark green shares on Nasdaq First North Premier Growth Market Stockholm

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2020-12-14

Scandinavian Biogas carries out a SEK 586 million private placement of dark green shares and publishes a company description in connection with the listing

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2020-12-07

Report from the Extraordinary General Meeting of Scandinavian Biogas Fuels International AB (publ)

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2020-12-02

Scandinavian Biogas intends to carry out a private placement and listing of its dark green shares on Nasdaq First North Premier Growth Market

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2020-11-30

Scandinavian Biogas acquires Ekdalens Biotransporter

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2020-11-26

Decision from the Supreme Court in Korea

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2020-11-25

Scandinavian Biogas publishes timetable for reverse split of shares

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2020-11-23

Report from the Extraordinary General Meeting of Scandinavian Biogas Fuels International AB (publ)

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2020-11-19

Notice of extraordinary GENERAL MEETING IN SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB (PUBL)

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2020-11-19

TrønderEnergi becomes the largest shareholder in Scandinavian Biogas

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2020-10-28

Scandinavian Biogas Interim Report for the period 1 January – 30 September 2020 Scandinavian Biogas Fuels International AB (publ) Org.nr. 556528-4733

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2020-09-30

Scandinavian Biogas refinanced loan of SEK 200 million within the framework of green financing

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2020-09-30

Scandinavian Biogas establishes green framework with the independentrating "Dark Green"

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2020-08-20

Scandinavian Biogas Interim Report for the period 1 January – 30 June 2020 Scandinavian Biogas Fuels International AB (publ) Org.nr. 556528-4733

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2020-06-25

Report from the Annual General Meeting of Scandinavian Biogas Fuels International AB (publ)

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2020-06-10

The nomination committee’s proposal regarding board of directors and remuneration for the annual general meeting 2020

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2020-06-04

Scandinavian Biogas Annual Group Report 2019

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2020-05-20

SUMMONS TO THE ANNUAL GENERAL MEETING OF SHAREHOLDERS IN SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB (PUBL)

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2020-04-29

Scandinavian Biogas Interim Report for the period 1 January – 31 March 2020

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2020-03-24

Scandinavian Biogas Fuels International AB (publ) Year-end report for the period 1 January – 31 December 2019

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2020-02-10

Scandinavian Biogas has today repaid the bond loan 2016/2020

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2019-10-31

Scandinavian Biogas Interim Report for the period 1 January – 30 September 2019

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2019-09-30

Scandinavian Biogas secures financing for repayment of bond loan 2016/2020

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2019-08-15

Scandinavian Biogas Interim Report for the period 1 January – 30 June 2019

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2019-08-09

Interim report will be published on August 15, 2019

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2019-07-19

Scandinavian Biogas publishes outcome of oversubscribed rights issue and carries out a secured directed share issue of SEK 60 million

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2018-06-29

Safer management of your personal information

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2016-09-07

Press Release

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2016-08-19

Press Release

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2016-08-18

Interim Report - Q2 2016

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2016-04-29

Press release

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2016-04-29

Interim Report - Q1 2016

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2016-03-30

Summons to the Annual General Meeting

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2016-02-18

Unutilized residues

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