OB:SCATCRenewable Energy
Scatec (OB:SCATC) Stock Price Trails Revenue Growth As Losses Persist
Scatec went into this earnings day with a flat month and a weak quarter behind the stock, yet the latest numbers land like a reality check on sentiment. The share closed at NOK96.75 on 21 August, while Q2 shows rising revenue to NOK1.24b alongside another net loss of NOK66m. The market is being asked to price in a company that is growing the top line but still burning cash.
The real flashpoint for emotion is the balance sheet strain from interest costs. Until earnings comfortably cover...