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ReFuels Q3 2026 Report
Prenumeration
Beskrivning
| Land | Nederländerna |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Energi & Miljö |
| Industri | Energikällor |
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27 February 2026: ReFuels N.V. (ticker: REFL) ("ReFuels"), one of Europe’s leading suppliers of renewable biomethane (Bio-CNG) for the decarbonisation of heavy goods vehicles, today releases its interim report for the third quarter of fiscal 2026.
Highlights:
- CNG Fuels’ Q3 2026 EBITDA of GBP 5.6 million and GBP 9.7 million year-to-date, up ~10x from YTD 2025, driven by scale benefits and higher certificate prices
- FY 2026 EBITDA guidance increased to GBP 13-15 million (previously GBP 10-12 million)
- Dispensed volumes of biomethane (Bio-CNG) across the CNG Fuels station network up 13% year-over-year
- CNG trucks gaining share in a soft UK HGV market, led by adoption of larger 6x2 units
- Progressing three new high-capacity stations, increasing network capacity to ~14,000 HGVs per day
- Continued growth of 15-20% expected for dispensed volumes for fiscal 2027
Philip Fjeld, CEO and co-founder of ReFuels, said:
“The structural market fundamentals supporting Bio-CNG adoption continue to strengthen. More than 100,000 articulated UK diesel-HGVs are likely set for replacement before 2035, and fleet operators are looking for solutions that work today with immediate decarbonisation and a positive business case. With clear cost advantages over HVO fuel, Bio-CNG is increasingly the preferred solution in this replacement cycle, driving demand for refuelling capacity and underpinning our plan to double the capacity by the end of 2028. Higher utilisation across the CNG Fuels network is supporting our cash-generative clean fuel platform with materially improved EBITDA, demonstrated by our increased full-year guidance to GBP 13-15 million.”
The Q3 2026 interim report and presentation are attached and available at:
https://refuels.com/investor-relations/
ReFuels will present the third quarter 2026 results today at 10:00 CET. The webcast will be hosted by CEO Philip Fjeld and CFO Baden Gowrie-Smith. Please join the presentation via the following link: https://forms.office.com/pages/responsepage.aspx?id=-QEn0CM7P0uPzintVGMr-Ezn6f_1owNIox043WtG0LlURDU0NDNIWkwwOENXS0JaUlRDVDlOOFRLNS4u&route=shorturl
For further information, please contact:
Philip Fjeld, CEO ReFuels N.V.
Tel: +44 7976 159 833
Email: Philip.Fjeld@refuels.com
Baden Gowrie-Smith, MD & CFO, ReFuels N.V.
Tel: +44 7768 007 009
Email: baden.gowrie-smith@refuels.com
About ReFuels
ReFuels is decarbonising Europe’s truck fleet through its 40% ownership of CNG Fuels – a fully integrated clean fuel infrastructure platform combining sourcing of renewable biomethane (Bio-CNG), Renewable Transport Fuel Certificates (RTFCs), and ownership and operation of the UK’s largest clean fuel station network. By the end of 2028, the target is to reach capacity to serve 20,000 heavy goods vehicles per day, with the long-term ambition to become Europe’s leading integrated supplier of alternative fuels for commercial fleets. For further information, please visit www.refuels.com.