Magnora net loss widens 57.21% year over year to NOK 34.9 million in Q2 FY26

• Magnora posted a Q2 2026 net loss of NOK 34.9 million, widening from a NOK 22.2 million loss a year earlier.
• Cash and cash equivalents climbed to NOK 814.1 million at June 30, 2026, from NOK 166.4 million at Dec. 31, 2025.
• Magnora Data Center listed on Euronext Growth Oslo on June 8 under MDATA, following a NOK 650 million private placement; Magnora holds 52.7%.
• CEO Erik Sneve said building Magnora Data Center created NOK 650 million of value since the first investment in September 2025.
• Renewables fixed costs fell to about NOK 5 million per quarter excluding development expenses; costs seen at NOK 10 million–NOK 15 million per quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magnora ASA published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein.