BRG Borregaard

Borregaard ASA: New supply contract for electric power with Å Energi

Borregaard ASA: New supply contract for electric power with Å Energi

Borregaard and the Norwegian hydropower producer Å Energi have entered into a new long-term power purchase agreement for the period 2024 to 2033. The annual contract volume is 88 GWh, representing 10-15% of the Sarpsborg site’s annual consumption.

Sarpsborg, 18 October 2023

Contact:

Knut-Harald Bakke, Director Investor Relations, +47 905 79 164

This information is subject to the disclosure requirements pursuant to Section 5 -12 of the Norwegian Securities Trading Act.

 



EN
18/10/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Borregaard

Niclas Gehin
  • Niclas Gehin

Borregaard (Buy, TP: NOK230.00) - Agricultural products boost Q1 EPS

The solid Q1 results included a 6% EBITDA beat, led by record-high sales and profits from growing agricultural product sales – management said the underlying trend was driven by demand for ‘green’ food production products. Our 2026–2027e EPS are largely unchanged (tweaked by c1%) as the USD depreciation and lowered bioethanol price guidance largely offset the higher agricultural product sales. We still see this as an attractive entry point, and reiterate our BUY and NOK230 target price.

ABGSC Pulp & Paper Research ... (+3)
  • ABGSC Pulp & Paper Research
  • Henrik Bartnes
  • Martin Melbye
ABGSC Pulp & Paper Research ... (+3)
  • ABGSC Pulp & Paper Research
  • Ali Shemmari
  • Martin Melbye
 PRESS RELEASE

Borregaard ASA: EBITDA1 of NOK 511 million in the 1st quarter

Borregaard ASA: EBITDA1 of NOK 511 million in the 1st quarter Borregaard’s operating revenues increased to NOK 2,036 million (NOK 1,975 million)2 in the 1st quarter of 2025. EBITDA1 reached NOK 511 million (NOK 442 million). The result in BioSolutions increased, BioMaterials had a result in line with the corresponding quarter last year and Fine Chemicals had a lower result. Strong sales to agriculture were the main reason for the all-time high result in BioSolutions. For BioMaterials, higher sales prices were offset by lower sales volume, increased wood costs, and cost increases in general...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch