Solar A/S: No. 11 2025 EBITDA for the first nine months amounted to DKK 296m

Q3 revenue was at the lower end of our expectations, and gross profit margin was below. Initially, we expected the market to recover in late 2025. However, this has not materialised to the extent that we expected. Consequently, we refine our guidance to DKK 12.0bn in revenue (previously DKK 11.75bn-12.25bn) and DKK 460m in EBITDA (previously DKK 450m-510m). CEO Jens Andersen says:“While our Q3 results were at the low end of expectations, our commitment to long-term value creation remains...

Vejen, 06/11/2025 (informazione.news - comunicati stampa - scienza e tecnologia)

Q3 revenue was at the lower end of our expectations, and gross profit margin was below. Initially, we expected the market to recover in late 2025. However, this has not materialised to the extent that we expected. Consequently, we refine our guidance to DKK 12.0bn in revenue (previously DKK 11.75bn-12.25bn) and DKK 460m in EBITDA (previously DKK 450m-510m).

* When adjusted for non-recurring income and costs, the underlying EBITDA for Q3 amounted to DKK 116m (Q3 2024: DKK 165m) and the underlying EBITDA for Q1-Q3 amounted to DKK 361m (Q1-Q3 2024: DKK 415m).

Solar has signed an agreement for Solar Norge to acquire 100% of Sonepar Norge, see announcement no. 9 dated 22 October 2025.

The presentation of Quarterly Report Q3 2025 will be made in English on 6 November 2025 at 11:00 CET. The presentation will be transmitted as an audio webcast and will be available at www.solar.eu. Participation will be possible via teleconference.

https://edge.media-server.com/mmc/p/uthsswet

If you want to participate in the teleconference, please register in advance by using this link:
https://register-conf.media-server.com/register/BI29ac9979b1a04243b27a81da13a8be74

When you have registered, you will receive a dial-in number and a unique personal pin.

CEO Jens Andersen - tel. +45 79 30 02 01
CFO Michael H. Jeppesen - tel. +45 79 30 02 62
IR Director Dennis Callesen - tel. +45 29 92 18 11

Solar is a leading European sourcing and services company mainly within electrical, heating and plumbing, ventilation and climate and energy solutions. Our core business centres on product sourcing, value-adding services and optimisation of our customers’ businesses.

We facilitate efficiency improvement and provide digital tools that turn our customers into winners. We drive the green transition and provide best in class solutions to ensure sustainable use of resources.

Solar Group is headquartered in Denmark, generated revenue of approx. DKK 12.2bn in 2024 and has approx. 2,900 employees. Solar is listed on Nasdaq Copenhagen and operates under the short designation SOLAR B. For more information, please visit www.solar.eu.

This announcement was published in Danish and English today via Nasdaq Copenhagen. In the event of any inconsistency between the two versions, the Danish version shall prevail.

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