Business

Solar A/S: No. 6 2025 Adjustment of 2025 guidance due to unexpected market slowdown

THIS ANNOUNCEMENT INCLUDES PUBLICATION OF INSIDE INFORMATION. We lower our 2025 revenue guidance to a range of between DKK 11.75bn and 12.25bn (previously DKK 12.3bn to 12.8bn), and our 2025 EBITDA guidance to a range of between DKK 450m and 510m (previously DKK 530m to 600m). CEO Jens Andersen says:"Preliminary figures for Q2 and even more July showed disappointing revenue growth in all key markets. We saw an unexpected market slowdown for Industry and to a lesser extent for Installation. Trade

articleSolar A/s Class BAugust 8, 20253/company/solar-as-class-b/news/solar-as-no-6-2025-adjustment-of-2025-guidance-due-to-unexpected-market-slowdown
Solar A/S: No. 6 2025 Adjustment of 2025 guidance due to unexpected market slowdown

About this update from Solar A/s Class B

[{"type":"image","alt":"Solar A/S","displaySize":"","headline":null,"caption":"Solar A/S","className":"","disableSlideshowImg":false,"size":{"original":{"width":150,"height":49,"url":"https://media.zenfs.com/en/globenewswire.com/c870dfb1ed671459bd53b462d863ea97"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/wWp.lRqQVVdYgAXtBcbLRA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTY5O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/c870dfb1ed671459bd53b462d863ea97","width":150,"height":49}},"lazy":false},{"type":"text","content":"THIS ANNOUNCEMENT INCLUDES PUBLICATION OF INSIDE INFORMATION. ","length":61,"tagName":"p"},{"type":"text","content":"We lower our 2025 revenue guidance to a range of between DKK 11.75bn and 12.25bn (previously DKK 12.3bn to 12.8bn), and our 2025 EBITDA guidance to a range of between DKK 450m and 510m (previously DKK 530m to 600m).","length":220,"tagName":"p"},{"type":"text","content":"CEO Jens Andersen says:"Preliminary figures for Q2 and even more July showed disappointing revenue growth in all key markets. We saw an unexpected market slowdown for Industry and to a lesser extent for Installation. Trade and Climate & Energy delivered growth driven by Solar Polaris’ sales to a major solar park project. We continue to expect a market improvement in 2025, relative to current level. ","length":411,"tagName":"p"},{"type":"text","content":"Because of this development, we lower our 2025 revenue guidance to a range of between DKK 11.75bn and 12.25bn and our EBITDA guidance to a range of between DKK 450m and 510m. ","length":174,"tagName":"p"},{"type":"text","content":"In Q2, we executed additional staff reductions, and we continue to initiate measures to optimise our operating model. Our H1 results therefore include transition costs of DKK 12m and restructuring costs of DKK 45m, of which the latter is expected to generate equivalent savings in 2025 and full-year savings of approx. DKK 70m going forward.","length":341,"tagName":"p"},{"type":"text","content":"Given our resilient business model combined with the executed initiatives and our strategic focus areas, we are convinced that Solar will be able to improve profitability in our strategy period.” ","length":195,"tagName":"p"},{"type":"text","content":"Preliminary Q2 & H1 figures","length":31,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"wi...

More updates from Solar A/s Class B

Jens AndersenGross profit marginEBITDA marginGross profitDKKrevenue guidanceOrganic growth