{"id":13066,"date":"2025-05-15T13:00:00","date_gmt":"2025-05-15T11:00:00","guid":{"rendered":"https:\/\/soltechenergy.com\/mfn_news\/soltech-energy-sweden-ab-publ-interim-report-for-the-period-january-march-2025\/"},"modified":"2025-05-15T13:00:04","modified_gmt":"2025-05-15T11:00:04","slug":"soltech-energy-sweden-ab-publ-interim-report-for-the-period-january-march-2025","status":"publish","type":"mfn_news","link":"https:\/\/soltechenergy.com\/en\/mfn_news\/soltech-energy-sweden-ab-publ-interim-report-for-the-period-january-march-2025\/","title":{"rendered":"Soltech Energy Sweden AB (publ) interim report for the period January-March 2025"},"content":{"rendered":"<div class=\"mfn-preamble\">\n<p class=\"mfn-wp-retain\"><strong>Improved underlying profitability<\/strong><\/p>\n<\/div>\n<div class=\"mfn-body\">\n<p class=\"mfn-wp-retain\"><strong>CEO comment:<\/strong><\/p>\n<p class=\"mfn-wp-retain\">The first quarter of 2025 was characterised by a market that remained difficult to navigate and by customary seasonally lower activity with a lower proportion of projects. We continue to see that the long-term need for solar energy solutions and energy storage remains, while our breadth creates competitive total offerings and stability in a challenging market.<\/p>\n<p class=\"mfn-wp-retain\">The lower activity in the quarter affected the Group&#8217;s net sales, profit and cash flow in the period. Work on cost adjustments and profitability enhancement measures continues and overall we have a positive effect of these measures, which led to an improvement in underlying profitability in the quarter.<\/p>\n<p class=\"mfn-wp-retain\">In the quarter, we saw an increased inflow of inquiries in roofing, electrical engineering and fa&ccedil;ades, mainly from larger property companies. According to external forecasts, the construction sector has passed its weakest period, and together with the interest rate cuts in the latter part of 2024, this will contribute to create better conditions, especially in construction and contracting, when the construction economy turns.<\/p>\n<p class=\"mfn-wp-retain\">We maintain our focus on what we can actually influence, and the work we are doing now contributes to build a stronger Group to take advantage of new business opportunities when the economy turns. During the quarter, we continued to make organizational adjustments according to plan, while maintaining a focus on improved profitability and cost savings.<\/p>\n<p class=\"mfn-wp-retain\">Soltech&#8217;s diversified operations create a strong platform for seizing new business opportunities. We are a long-term full-service supplier in all our business areas and an enabler in the energy transition.<\/p>\n<p class=\"mfn-wp-retain\"><strong>Patrik Hahne, CEO<\/strong><\/p>\n<p class=\"mfn-wp-retain\"><em>Read the CEO&#8217;s comment in its entirety in the quarterly report.<\/em><\/p>\n<p class=\"mfn-wp-retain\"><strong>Quarter 1: January 1 &ndash; March 31, 2025<\/strong><\/p>\n<ul>\n<li>Net sales amounted to SEK 446.2 (513.1) million<\/li>\n<li>The Group&#8217;s organic growth amounted to -13% (-26)<\/li>\n<li>EBITDA amounted to SEK -10.4 (-0.5) million. EBITDA margin amounted to -2.3% (-0.1)<\/li>\n<li>EBITA amounted to SEK -26.3 (-15.1) million. EBITA margin amounted to -5.9% (-2.9)<\/li>\n<li>EBITA was impacted by revaluation effects of SEK 5.3 (36.7) million<\/li>\n<li>Excluding revaluations, EBITA amounted to SEK -31.6 (-51.8) million<\/li>\n<li>Profit after tax for the period amounted to SEK -47.8 (-32.2) million<\/li>\n<li>Cash flow from operating activities amounted to SEK -75.6 (40.0) million. Cash flow for the period amounted to SEK -111.7 (45.4) million<\/li>\n<li>Earnings per share before and after dilution amounted to SEK -0.36 (-0.24)<\/li>\n<\/ul>\n<p class=\"mfn-wp-retain\"><strong>Significant events during the quarter<\/strong><\/p>\n<ul>\n<li>Collaboration with the real estate company Atrium Ljungberg regarding fa&ccedil;ade contracting, solar energy and battery services in the development of a property in the Slakthusomr&aring;det area in southern Stockholm. The total order value amounts to approximately SEK 19 million<\/li>\n<li>In Spain, Soltech commissions the Balearic Islands&#8217; largest floating solar cell plant. The solar panels are installed on top of a rainwater collection pond used for irrigation. The installed capacity is approximately 1.5 MWp and the solar panels cover an area of just over 9,000 sqm<\/li>\n<li>Soltech, together with the energy company Kv&auml;num Energi, has installed and commissioned three battery installations totalling 3 MWh in connection with wind turbines. The order value amounts to approximately SEK 19 million<strong><br \/><\/strong><\/li>\n<\/ul>\n<p class=\"mfn-wp-retain\"><strong>Significant events after the quarter<\/strong><\/p>\n<ul>\n<li>The Annual General Meeting will be held on May 22, 2025<\/li>\n<\/ul>\n<p class=\"mfn-wp-retain\"><em>The quarterly report and other financial reports are available at: <\/em><em><a href=\"https:\/\/eur01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fsoltechenergy.com%2Finvesterare%2Ffinansiella-rapporter-kalender%2F&amp;data=05%7C01%7Csamuel.laken%40soltechenergy.com%7C13e557e187cd48c0715008da84eaf5e9%7Cf676f7e32c3143eabd0cd39b6f4332e3%7C1%7C0%7C637968441932109721%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=1Ynhbm9shUXkyVCBXvCgIQEhP3ixSEidk%2Fgu7t%2BjJ00%3D&amp;reserved=0\" rel=\"noopener\" target=\"_blank\">https:\/\/soltechenergy.com\/investerare\/finansiella-rapporter-kalender\/<\/a><\/em><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-ed0eb9740c93\">\n<p class=\"mfn-wp-retain\"><strong class=\"mfn-heading-1\">For more information, please contact:<\/strong><\/p>\n<hr>\n<p class=\"mfn-wp-retain\">Patrik Hahne, CEO, Soltech Energy Sweden AB<br \/><strong>E-mail: <\/strong><a href=\"mailto:%20patrik.hahne@soltechenergy.com\" rel=\"noopener\" target=\"_blank\">patrik.hahne@soltechenergy.com<\/a><br \/><strong>Phone<\/strong>: 073- 518 51 66<strong><br \/><\/strong><strong><br \/><\/strong>Niclas Lundin, CFO, Soltech Energy Sweden AB<br \/><strong>E-mail<\/strong>: <a href=\"mailto:%20niclas.lundin@soltechenergy.com\" rel=\"noopener\" target=\"_blank\">niclas.lundin@soltechenergy.com<\/a><br \/><strong>Phone<\/strong>: 072- 071 03 09<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-about mfn-b18ffa52a2d2\">\n<p class=\"mfn-wp-retain\"><strong class=\"mfn-heading-1\">About Soltech Energy Sweden AB (publ)<\/strong><\/p>\n<hr>\n<p class=\"mfn-wp-retain\">Soltech Energy is a full-service provider with market-leading expertise in solar energy, electrical engineering, fa&ccedil;ades, roofing contracting, charging infrastructure, and advanced energy storage solutions with integrated smart control systems. Soltech Energy Sweden AB (publ) is listed on the Nasdaq First North Growth Market under the ticker symbol SOLT. The Company&rsquo;s Certified Adviser is DNB Carnegie Investment Bank AB. For more information, visit: <a href=\"https:\/\/soltechenergy.com\/\" rel=\"noopener\" target=\"_blank\">https:\/\/soltechenergy.com<\/a>&nbsp;<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-regulatory mfn-regulatory-mar\">\n<p class=\"mfn-wp-retain\"><em>This information is information that Soltech Energy Sweden is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-05-15 13:00 CEST.<\/em><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-attachment mfn-attachment-image\">\n<p class=\"mfn-wp-retain\"><strong class=\"mfn-heading-1\">Image Attachments<\/strong><\/p>\n<hr>\n<p class=\"mfn-wp-retain\"><a href=\"https:\/\/storage.mfn.se\/314f2d10-908a-4f3f-9139-bc8452e0dd89\/soltech-energy.jpeg\" rel=\"noopener\" target=\"_blank\">Soltech Energy<\/a><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-attachment mfn-attachment-general\">\n<p class=\"mfn-wp-retain\"><strong class=\"mfn-heading-1\">Attachments<\/strong><\/p>\n<hr>\n<p class=\"mfn-wp-retain\"><a class=\"mfn-primary\" href=\"https:\/\/storage.mfn.se\/ac936177-3ca8-4b6f-b02f-7ebebdfd3e39\/soltech-energy-sweden-ab-publ-q1-2025.pdf\" rel=\"noopener\" target=\"_blank\">Soltech Energy Sweden AB (publ) Q1 2025<\/a><\/p>\n<\/div>\n<script>\n                Array.prototype.slice.call(document.querySelectorAll(\".mfn-footer.mfn-attachment\")).forEach(function (el) { el.remove() });\n            <\/script>\n        <div class=\"mfn-attachments-container\"><div class=\"mfn-attachment mfn-file-type-pdf mfn-primary\"><a class=\"mfn-attachment-link\" target=\"_blank\" href=\"https:\/\/storage.mfn.se\/ac936177-3ca8-4b6f-b02f-7ebebdfd3e39\/soltech-energy-sweden-ab-publ-q1-2025.pdf\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/ac936177-3ca8-4b6f-b02f-7ebebdfd3e39\/soltech-energy-sweden-ab-publ-q1-2025.pdf?type=jpg\"><\/span>Soltech Energy Sweden AB (publ) Q1 2025<\/a><\/div><div class=\"mfn-attachment mfn-file-type-image\"><a class=\"mfn-attachment-link\" target=\"_blank\" href=\"https:\/\/storage.mfn.se\/314f2d10-908a-4f3f-9139-bc8452e0dd89\/soltech-energy.jpeg\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/314f2d10-908a-4f3f-9139-bc8452e0dd89\/soltech-energy.jpeg?size=w-512\"><\/span>Soltech Energy<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Improved underlying profitability<\/p>\n","protected":false},"featured_media":0,"template":"","mfn-news-tag":[16,26,13,20,12,27,19,24],"class_list":["post-13066","mfn_news","type-mfn_news","status-publish","hentry","mfn-news-tag-mfn-lang-en","mfn-news-tag-mfn-report-interim","mfn-news-tag-mfn-type-ir","mfn-news-tag-mfn-regulatory-mar","mfn-news-tag-mfn","mfn-news-tag-mfn-report-interim-q1","mfn-news-tag-mfn-regulatory","mfn-news-tag-mfn-report"],"acf":[],"_links":{"self":[{"href":"https:\/\/soltechenergy.com\/en\/wp-json\/wp\/v2\/mfn_news\/13066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/soltechenergy.com\/en\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/soltechenergy.com\/en\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/soltechenergy.com\/en\/wp-json\/wp\/v2\/media?parent=13066"}],"wp:term":[{"taxonomy":"mfn-news-tag","embeddable":true,"href":"https:\/\/soltechenergy.com\/en\/wp-json\/wp\/v2\/mfn-news-tag?post=13066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}