Metacon (META) Aktiedagarna 2026 summary

Strategic partnerships and project milestones

• Secured exclusive rights to PERIC's advanced alkaline electrolysis modules, enabling efficient, scalable green hydrogen production in Europe.

• Signed a Memorandum of Understanding with Siemens to integrate automation and digital services, optimizing hydrogen production systems.

• Won a €32 million contract for a 50 MW electrolysis plant at Motor Oil's Corinth refinery, one of Europe's largest, demonstrating large-scale deployment capability.

• Awarded a €7.1 million contract for a 7.5 MW plant with Elektra Power in Romania, expanding commercial traction and reference base.

Financial performance and growth

• Achieved record FY 2025 revenue of SEK 237.8m, up 488% year-on-year, with improved EBITDA and operating leverage.

• Q1 2026 revenue reached SEK 73.5m, up 46% YoY, with EBITDA nearly breakeven, indicating a path toward profitability.

• Growth driven by higher project activity and increased scale in operations.

Market opportunity and business model

• Focuses on decentralized hydrogen production systems using both electrolysis and patented reforming technology.

• Addresses diverse sectors: steel, aviation, shipping, fertilizers, and road transport, supporting industrial decarbonization and energy resilience.

• Business model leverages partnerships for scalability and flexibility, with a growing pipeline of 150+ ongoing customer dialogues.