Soltec Power Holdings, S.A. (BME:SOL)
Spain · Delayed Price · Currency is EUR 0.5500
-0.0050 (-0.90%)
Oct 6, 2026, 5:35 PM CET
Soltec Power Holdings Earnings Call Transcripts
Fiscal Year 2024
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H1 2024 saw a 28% revenue increase to EUR 237 million, but net losses deepened due to asset impairments and EPC business challenges. The company is exiting capital-intensive segments to focus on profitable solar trackers, supported by ongoing financial restructuring and a clear growth strategy.
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Record Q1 revenues and EBITDA were driven by strong tracker demand and asset rotation, with a solid backlog and balanced geographic diversification. Guidance for 2024 includes 5–6 GW tracker volumes and a new strategic plan in H2.