Scandinavian Biogas' profitability during the first quarter of 2022 is significantly lower than planned
Scandinavian Biogas estimates that profitability (EBITDA) for the first quarter of 2022 will be significantly lower than planned and is estimated to be approximately SEK 4 million.The lower profitability is mainly due to two factors. Firstly, the production subsidy confirmed by the Swedish government will not be paid for the first half of the year, but only from July 2022 and onwards, and secondly, the changing market situation has pushed up energy and raw material prices sharply, affecting the share that has not been purchased with predefined prices. As the majority of the Group's prices