Tekna (OSE: TEKNA), a world-leading provider of advanced materials and systems based on Inductively Coupled Plasma (ICP) technology, today announces a robust refinancing plan funding its business plan towards 2030. The plan includes raising NOK 300m in equity through a fully underwritten rights issue and a new bank facility.
“Tekna has invested heavily over the past years to gain a world-leading position within advanced materials and systems based on our proprietary plasma technology. To enter the company’s next phase, we are strengthening and streamlining our capital structure. This puts us in a unique position to fully capture value from a high-growth market going forward,” says Dag Teigland, Chair of Board of Directors.
“This is an important milestone for Tekna. As a long-term owner, we remain confident in the company’s continued development and value creation potential,” says CEO at Arendals Fossekompani, Benjamin Golding.
Strong demand for materials
After years of substantial investments in operational capacity and qualifying for the most demanding industry standards, the company is positioned to capture accelerating demand for materials across the additive manufacturing (AM) industry – feeding its materials to the metal 3D printers of world-leading OEMs. The global aerospace and defense industries are the most important end users.
“We have seen contribution margins improving in the materials business, and coupled with sustained effects from the efficiency and cost improvement program, we have now reached a profitability inflection point. This enables us to strengthen the capital structure and continue improvements with a fully funded business plan towards 2030,” says Claude Jean, who took the helm as CEO of Tekna in April 2025.
Tekna Holding ASA is also announcing its preliminary Q3 2025 results, with revenues of CAD 8.3m and adjusted EBITDA of CAD 0.5m. This is the first quarter with a positive EBITDA since the listing in 2021. The company releases its full Q3 2025 financial results on November 6.
Double-digit growth expectations
The transaction puts the company in a unique position to capture value from an accelerating Additive Manufacturing market going forward. With ample production capacity and a strengthened balance sheet, the company is targeting double-digit growth and EBITDA margins of 15% - 20% towards 2030 within current business areas, with additional upside potential identified.