Sweden · Delayed Price · Currency is SEK SolTech Energy Sweden AB Earnings Call Transcripts
Fiscal Year 2025
-
Q2 2025 saw a 37% revenue drop and negative EBITDA due to weak solar and construction markets, despite cost-saving efforts. The acquisition of Sesol and a SEK 335 million rights issue, with Nordic Capital as the new largest shareholder, aim to strengthen market position and future profitability.
-
Revenue declined 13% year-over-year to SEK 446 million amid market uncertainty and weak construction activity. Cost-saving measures and efficiency improvements are underway, with profitability expected to improve from Q2 2025.
Fiscal Year 2024
-
Q4 2024 revenue fell 10% year-over-year to SEK 664 million, with EBITDA at SEK 61.3 million, aided by revaluation effects. Net loss was SEK 217 million due to goodwill impairments, while cash flow improved from asset sales. Demand in Sweden remains strong despite market challenges.