Why is InCommodities planning to raise debt despite a 96% profit drop?

InCommodities plans to raise debt to support growth and deploy more capital across its trading operations, as stated by Chairman Jesper Johanson, who noted the firm sees 'potential in increasing our financial capabilities on the debt side'—a strategic shift from its traditional reliance on equity funding (which stood at nearly €500 million at year-end) to enable expansion beyond what equity alone can finance.

What new market is InCommodities targeting, and how did it perform there recently?

InCommodities is expanding into physical natural gas trading in North America, a region that 'didn’t turn a profit last year', according to Chairman Jesper Johanson.

Goldman-Backed Energy Trader to Raise Debt After 96% Profit Drop

Jun 15, 2026

Danish energy trader InCommodities plans to increase borrowing following a 96% profit decline amid normalized market volatility, while warning of potential European winter price spikes due to insufficient gas storage levels.

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