Eolus hit hard by delays throughout 2021

In a year marked by strong results for most developers, the Swedish developer bucks the trend and lands modest revenue growth as well as EBIT and bottom line deficits.

BY ANNE FILBERT, TRANSLATED BY CHRISTOFFER ØSTERGAARD

Published: 18.02.22 at 13:53

While most competitors have seen strong profits thanks to high energy prices, Swedish developer Eolus has stagnated somewhat.

Net sales comprise SEK 2.6bn (EUR 249.5m) in 2021 against SEK 2.5bn in 2020 for a total increase of SEK 145m from 2020 to 2021.

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