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NEL ASA (NLLSF)
:NLLSF
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Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
>-0.01Last Year’s EPS
>-0.01Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 01, 2018
|% Change Since: -52.38%
|Next Earnings Date:Aug 23, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were significant achievements in revenue growth, partnerships, and positive political developments, challenges remain with low EBITDA, PEM segment struggles, and a decline in order intake. The company is optimistic about future prospects and market recovery.Company Guidance
During the NEL.OL Q3 2024 earnings call, CEO Hakon Volldal provided comprehensive guidance, highlighting several metrics. The company reported revenues of NOK 366 million and an EBITDA of minus NOK 90 million, with an order intake of NOK 161 million and an order backlog of NOK 1.9 billion. Cash reserves were close to NOK 2 billion. Alkaline electrolyzer revenues increased by 37% quarter-on-quarter and 54% year-on-year, driven by solid performance and improved cost absorption, while PEM revenues decreased by 40% year-on-year due to project timing issues. Despite these challenges, Nel is optimistic about future prospects, focusing on technological advancements and strategic partnerships with companies like Saipem to support its core hydrogen technology. The company is also preparing for a significant reduction in CapEx by 50% in 2025, adjusting staffing to align with market demand, and maintaining a strong cash position to navigate the current market softness.Revenue Growth
Revenues increased by 21% driven by strong alkaline performance, with a 37% quarterly and 54% yearly growth.
Partnership with Saipem
Announced a 100-megawatt turnkey hydrogen solution with Saipem built around Nel's core technology.
Political Support
Positive political developments with the EU's second hydrogen bank and new national programs, which are expected to drive demand.
R&D and Next-Gen Technology
Investments in next-generation alkaline and PEM solutions with significant cost reduction potential.
Positive Market Signs
Early signs of market recovery with high-quality projects expected to move forward in the coming quarters.
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NLLSF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NLLSF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 16, 2024 | $0.42 | $0.40 | -4.76% |
| Jul 17, 2024 | $0.64 | $0.62 | -3.13% |
| Apr 17, 2024 | $0.48 | $0.43 | -10.42% |
| Feb 28, 2024 | $0.43 | $0.44 | +2.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does NEL ASA (NLLSF) report earnings?
NEL ASA (NLLSF) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is NEL ASA (NLLSF) earnings time?
NEL ASA (NLLSF) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NLLSF EPS forecast?
NLLSF EPS forecast for the fiscal quarter 2024 (Q4) is >-0.01.
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