Eolus Vind Follow

1 October–31 December 2023

• Net sales amounted to 155 (366) MSEK.
• EBIT amounted to 99 (27) MSEK. Profit before tax amounted to 94 (58) MSEK.
• Net profit amounted to 71 (41) MSEK.
• Earnings per share, before and after dilution equaled 2.85 (1.66) SEK.
• At the end of the period Eolus had 941 (882) MW under asset management.

1 January–31 December 2023

• Net sales amounted to 2,301 (2,356) MSEK.
• EBIT amounted to 764 (80) MSEK. Profit before tax amounted to 719 (109) MSEK.
• Net profit amounted till 573 (116) MSEK.
• Earnings per share, before and after dilution equaled 23.00 (-0.22) SEK.
• At the end of the period Eolus had 941 (882) MW under asset management.
• The Board of Directors proposes a dividend of 2.25 (1.50) SEK per share which is an increase of 50 percent compared to previous year.

Significant events during the period

• Eolus has completed and handed over the Swedish onshore wind projects Skallberget/Utterberget, Tjärnäs and Rosenskog to the owner BKW. The projects comprise 19 wind turbines with a total installed capacity of 125 MW.
• Eolus acquired YIT Energy Oy, the renewable energy division of Finland’s largest development and construction company YIT. The acquisition includes 2.3 GW renewable energy projects and 16 employees.
• Eolus filed a permit application to the government for the offshore wind project Arkona comprising 1,400 MW off Sweden’s southern coast.
• Eolus filed a permit application to the Land and Environment Court and the government for the 1,000–1,700 MW offshore wind project Najaderna outside Tierp municipality in Uppsala County.
• Eolus signed a letter of intent with Volvo Cars on collaboration around the Västvind offshore wind project.
• An arbitration award in a case regarding the Kråktorpet and Nylandsbergen wind projects outside Sundsvall was announced.

Financial Summary

Presentation of the report
At 10:00 today, CEO Per Witalisson and CFO Catharina Persson will present the report via a webcast with telephone conference.

In connection with the presentation, it will be possible to ask questions through the teleconference or in written form through the webcast. The presentation will be held in English.

Webcast:
If you wish to participate via webcast, please use the link below:
https://ir.financialhearings.com/eolus-q4-2023
Via the webcast you can ask written questions.

Teleconference:
If you wish to participate via teleconference, please register on the link below:
https://conference.financialhearings.com/teleconference/?id=5002670
After registration you will be provided phone number and a conference ID to access the conference.
You can ask questions verbally via the teleconference.