Borregaard reports EBITDA of NOK 515 million in second quarter

Earnings
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Summary · why it matters

Borregaard ASA reported EBITDA of NOK 515 million in the second quarter of 2026, slightly down from NOK 522 million a year earlier, as higher sales volume in BioSolutions was offset by increased energy costs, negative currency effects, and a less favourable product mix. Operating revenues rose to NOK 2,114 million from NOK 2,045 million, with improved results in BioMaterials and Fine Chemicals but a decline in BioSolutions. The company recorded a NOK 337 million impairment on its investment in Alginor ASA and NOK 30 million in other expenses for ground stabilisation at its Sarpsborg site, leading to a loss before tax of NOK 45 million compared with a profit of NOK 326 million in the prior-year period. Excluding those items, earnings per share were NOK 2.35. Borregaard is implementing a cost improvement programme targeting annual savings of NOK 150 million, with full effect expected from 2028.

Impact on stocks 1

Synthetic Biology (non-pharma) · 1 stocks
Borregaard ASA
0QB7
▼ NegativeCapitalrelevance

EBITDA slightly down, impairment and other expenses lead to loss before tax, though cost programme announced.

Off-coverage companies 1

Alginor ASAPrivate▼ Negative
Capitalrelevance

Borregaard recorded a NOK 337 million impairment on its investment in Alginor ASA.