Strategy and goals

A market defined by structural growth

The solar energy market is characterised by structural growth, fuelled by global challenges and trends as well as regulatory targets and requirements. Solar energy, along with related products and solutions such as charging infrastructure, energy storage, and grid balancing services, plays a vital role in enabling society to meet its climate and energy challenges. Soltech’s end-to-end offering spans all these areas and, combined with our expertise in roofing, facade solutions, and electrical engineering, provides a strong platform across three geographical markets.

Selective strategic acqusitions

Selective strategic acquisitions strengthen our position and expand into related products, new areas of expertise and new geographical areas. Soltech acquires companies with complementary expertise and experience. Our acquisition strategy contributes to developing our offering in solar energy, energy storage and renewable technological solutions for the buildings of the future and the development of a more sustainable society.

Add-on acquisitions within our subsidiaries bring new areas of expertise, expand our customer base, and enable broader offerings – contributing to both business growth and a higher share of renewable energy in society’s overall energy mix.

Transformation of companies in traditional industries

Soltech’s transformation strategy aims to transform companies in traditional industries. We add solar energy and battery solutions to the acquired companies’ core business and adapt the companies’ offerings to meet customers’ and society’s needs for renewable energy and energy storage. This expanded offering strengthens the platform for organic growth and opens up new business opportunities.

Collaboration effects and synergies

Bringing together businesses in similar or related sectors creates the conditions for value-creating, business-driving collaborations involving product and service offerings and customers.

Business development creates new business opportunities

Business development in roofing, electrical engineering, facade contracting, and solar energy helps expand and enhance our offering, creating new opportunities and enabling end-to-end solutions. Business development also contributes to technologically advanced solutions for the buildings of the future and the development of a more sustainable society.

Sustainability as a business driver

Sustainability is a business driver in Soltech’s operations. Through systematic, structured focus on the most impactful areas of its operations, Soltech actively contributes to more sustainable community development. One of Soltech’s most important contributions is reduced carbon dioxide emissions, which we strive to deliver in all our business segments. Our sustainability work is integrated into all our activities and is a central part of our business strategy.

Financial targets

Soltech Group’s financial target is to deliver net sales of SEK 8 billion with a profitability of 10 per cent (EBITA) in the 2028 financial year.

The focus from 2024 onwards will be on quality, profitability, total solutions, tech and growth. Over the five-year period, Soltech will prioritise organic growth in the Group’s 20 operating companies, of which 18 are in Sweden, one is in the Netherlands and one is in Spain. The objectives mean that strategic acquisitions will continue to be part of the business, but the main focus will be on the transformation and development of existing companies.