Magnora ASA (OSL:MGN)

Norway flag Norway · Delayed Price · Currency is NOK
31.70
+0.30 (0.96%)
May 13, 2026, 4:25 PM CET
Market Cap2.03B +41.1%
Revenue (ttm)50.20M +36.4%
Net Income-63.90M
EPS-0.97
Shares Out64.06M
PE Ration/a
Forward PE1,713.14
Dividend0.75 (2.36%)
Ex-Dividend Daten/a
Volume520,760
Average Volume492,620
Open31.50
Previous Close31.40
Day's Range30.65 - 32.00
52-Week Range18.42 - 33.50
Beta0.28
RSI69.16
Earnings DateApr 29, 2026

About Magnora ASA

Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom. The company focuses on developing data centers, solar photovoltaic energy, wind energy – onshore and offshore, renewable energy, and battery energy storage systems projects. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway. [Read more]

Sector Utilities
Founded 2001
Employees 43
Stock Exchange Oslo Børs
Ticker Symbol MGN
Full Company Profile

Financial Performance

In 2025, Magnora ASA's revenue was 97.70 million, an increase of 4147.83% compared to the previous year's 2.30 million. Earnings were 20.10 million, a decrease of -96.61%.

Financial Statements

News

Magnora downgraded to Hold from Buy at Fearnley

Fearnley downgraded Magnora (SVMRF) to Hold from Buy with a DKK 29 price target

9 days ago - TheFly

Magnora downgraded to Hold from Buy at Pareto

Pareto downgraded Magnora (SVMRF) to Hold from Buy with a DKK 30 price target

14 days ago - TheFly

Magnora ASA Earnings Call Transcript: Q1 2026

Achieved a 10 GW portfolio and strong data center growth, with robust financials and a 20% ROE since 2020. Focus remains on expanding data centers, renewables, and BESS, while maintaining strict capital discipline and exploring a 2026 data center listing.

15 days ago - Transcripts

Magnora ASA Earnings Call Transcript: Q4 2025

Achieved record 60% portfolio growth in 2025, expanding into data centers and renewables across key markets. Maintained strong cash position, zero debt, and high shareholder returns, while targeting 12 GW by end-2026 and prioritizing high-margin segments.

2 months ago - Transcripts

Magnora ASA Earnings Call Transcript: Q3 2025

Accelerated data center development, strong market demand, and robust financial position with NOK 192 million in cash. Dividend cut to fund high-growth data center opportunities, with margins up to NOK 3 million per MW projected in the Nordics.

7 months ago - Transcripts

Magnora ASA Earnings Call Transcript: Q2 2025

Portfolio grew 65% year-over-year to 8 GW, with strong expansion in Italy, Germany, and South Africa. EBITDA was negative NOK 24.4 million, but the company maintains zero debt and a robust cash position, supporting ongoing dividends and buybacks.

10 months ago - Transcripts

Magnora ASA Earnings Call Transcript: Q1 2025

Strong project portfolio growth, robust financials, and high commercial interest across Europe and South Africa. Return on equity reached 49% in 2024, with a 7.5 GW land bank and a target of 10 GW by end-2025. Dividend maintained, with a focus on buybacks and disciplined capital allocation.

1 year ago - Transcripts

Magnora ASA Earnings Call Transcript: Q4 2024

Net profit of NOK 579 million was returned to shareholders in 2024, with record dividends and strong land bank growth. Entered new markets in Italy and Germany, upgraded guidance to 10 GW by 2025, and maintained zero debt and high capital flexibility.

1 year ago - Transcripts

Magnora initiated with a Buy at Kepler Cheuvreux

Kepler Cheuvreux initiated coverage of Magnora (SVMRF) with a Buy rating and NOK 35 price target The firm says the company is well positioned to take advantage of surging renewable…

1 year ago - TheFly