PERIC Hydrogen Technologies

Metacon Q3 EBIT Loss Widens to SEK 29.5M on Project Overruns

UPPSALA – November 04, 2026 -- Metacon AB swung deeper into the red in the third quarter of 2026, posting an operating loss (EBIT) of SEK 29.5 million against a loss of SEK 18.3 million a year earlier, as costs on one of its largest electrolyser projects came in well above plan.

Net revenue for July-September fell to SEK 34.5 million from SEK 40.9 million. EBITDA came in at SEK -25.2 million (previous year: SEK -15.5 million), and the loss after financial items reached SEK 32.2 million (SEK 19.4 million). Loss per share was SEK 0.02, compared with SEK 0.01.

Nine-month revenue rises to SEK 173.0 million while losses deepen

For January-September, net revenue climbed to SEK 173.0 million from SEK 147.7 million. EBITDA fell to SEK -54.6 million (SEK -35.7 million) and EBIT to SEK -64.9 million (SEK -44.5 million). The loss after financial items was SEK 75.5 million, against SEK 47.3 million, and loss per share was SEK 0.05 (SEK 0.04).

Metacon Unveils 20 MW Module, Cuts Hydrogen Plant Costs Up to 70%

Uppsala – – September 29, 2026 -- Metacon AB has launched a 20 MW multi-level alkaline electrolysis module designed to cut balance-of-plant costs for large-scale hydrogen production by up to 70% on area-related infrastructure.

Compact design slashes steel and piping costs for hydrogen developers

The Swedish company's new module reduces steel structure costs by up to 30% and piping system expenses by up to 50% compared with conventional building-based electrolysis installations. The stacked design places electrolyser stacks on a lower level with gas-handling equipment and cooling units above, shrinking the plot footprint required per megawatt of installed capacity.