Soltec Power Holdings Sa · BME:SOL
Soltec Power Holdings Sa — H1 2026 Earnings Presentation
26 slides from Soltec Power Holdings Sa's earnings presentation, September 2026
Slide 1: Results January – June 2026
RESULTS January – June 2026 September 2026
Slide 2: Disclaimer
DISCLAIMER DISCLAIMER This document has been prepared by Soltec Power Holdings, S.A. ("Soltec" or "Company") exclusively for use during the presentation of 2025 financial results. Therefore, this document may not be disclosed or published, or used by any other person or entity, for any other reason
Slide 3: Disclaimer
DISCLAIMER DISCLAIMER The Company understands that the alternative performance measures should be considered by users of the financial information as complementary to the figures presented in accordance with the bases for the presentation of the consolidated financial statements, but in no case as a
Slide 4: Agenda
AGENDA AGENDA 1)2026: A NEW BEGINNING 2)RESULTS (January - June 2026) 3)APPENDIX 4 ALL RIGHTS RESERVED. Contents subject to change without prior notice © Soltec Energías Renovables. 4 The information contained in this presentation may be subject to confidentiality obligations arising from Soltec’s co
Slide 5: 2026: A New Beginning
-01- 2026 A NEW BEGINNING
Slide 6: A New Beginning
A NEWBEGINNING A NEW BEGINNING • Soltec recovers its commercial capacity for the first time since 2024. The closing of the financial restructuring (December 2025), with the entry of new capital and liquidity into the company and the availability of guarantees from banks,allowSoltectorelaunchitscomme
Slide 7: A New Beginning
A NEWBEGINNING A NEW BEGINNING • Strengthening corporate governance. New Chairman of the Independent Ownership Board New independent director with 30 years of experience in the sector • Strengthening of the regional management structure. New heads for the USA, LATAM and EMEA with the aim of stre
Slide 8: New Regional Managers
NEW REGIONAL MANAGERS David Menéndez Alejandro Moreno Vinicius Gibrail (EMEA) (North America) (LATAM) His more than 20-year track record in the With a solid international background in With more than 25 years of experience in energy and renewable energy sector renewable energy, business development
Slide 9: A Renewed Brand with a Global Presence
A RENEWED BRAND WITH A GLOBAL PRESENCE New identity, same global ambition: we renewed our brand and continued to be present at the main international events in the sector. An evolution that strengthens our technological DNA and The main international events in the sector continue to be a projects a
Slide 10: Focus on Cash Generation, Non-Capital Intensive Activities, More Profitable and Lower Risk
FOCUS ONCASH GENERATION, NON-CAPITAL INTENSIVE ACTIVITIES, MORE PROFITABLE AND LOWER RISK FOCUS ON CASH GENERATION, NON-CAPITAL INTENSIVE ACTIVITIES, MORE PROFITABLE AND LOWER RISK New Soltec Industrial Supply Trackers O&M Energy Development ALL RIGHTS RESERVED. Contents subject to change without pr
Slide 11: 1H 2026 Results
-02- 1H 2026 RESULTS
Slide 12: Consolidated Results January – June 2026
CONSOLIDATED RESULTS JANUARY – JUNE 2026 CONSOLIDATED RESULTS JANUARY – JUNE 2026 STRATEGY • The company has begun to implement the reorientation of its strategy towards its core business of supplying trackers. • Discontinuation of the most capital-intensive, higher-risk, lower-margin and lower cash
Slide 13: Profit and Loss Statement by Business Unit
PROFIT AND LOSS STATEMENT BY BUSINESS UNIT PROFIT AND LOSS STATEMENT BY BUSINESS UNIT A) Soltec Power Holdings S.A. (Individual): • Net profit stood at -€3.2 million, mainly due to the concentration in the holding company of a substantial part of the Consolidated net income -28.2 Group's personnel c
Slide 14: Consolidated Results January – June 2026
CONSOLIDATED RESULTS JANUARY – JUNE 2026 CONSOLIDATED RESULTS JANUARY – JUNE 2026 MAIN FINANCIAL FIGURES(1) • The group's consolidated sales amount to €9.7M, mainly generated by Soltec's core business, the solar tracker segment (€7.3M). € Mn H1 2026 • Operating costs are reduced by 54%. Sales 9.7 •
Slide 15: January - June 2026 P&L Account (€Mn)
JANUARY - JUNE 2026 PL ACCOUNT (€Mn) JANUARY - JUNE 2026 P&L ACCOUNT (€Mn) 9.7 -5.5 -10.8 -6.6 -1.6 -5.1 0.8 5.5 -19.9 -10.1 -10.8 0.1 -34.5 6.2 -34.4 -28.2 Procurement Other Impairment of Financial Other Profit before Profit from Net income and stocks operating projects income financial tax continu
Slide 16: January – June 2026 Cash Flow
JANUARY – JUNE 2026 CASH FLOW JANUARY – JUNE 2026 CASH FLOW Statements of cash flows (€Mn) 49.7 11.1 33.9 -18.4 balance 2.5 22.8 -0.6 -10.4 Opening Cash flows Net cash Cash flows Effect of Final cash Fixed-term Closing Cash operating flows financing exchange rate balance deposits Cash and Balance ac
Slide 17: Net Financial and Commercial Debt
DEUDA FINANCIERA Y COMERCIAL NETA DEUDA FINANCIERA Y COMERCIAL NETA Total gross financial debt Industrial Perimeter: Cash and equivalents: 0.4 M€ • Syndicated loan: €34.3 M. Bank debt linked to Industrial's perimeter. SPH After the restructuring, the amortization has been adapted to the cash GROSS D
Slide 18: Debt by Instrument Type
DEBT BY INSTRUMENT TYPE 2% 6% 18% Syndicated loans Reestructured suppliers debt Incus Capital Soltec Development Credit Line 45% 29% Investor credit ALL RIGHTS RESERVED. Contents subject to change without prior notice © Soltec Energías Renovables. 18 The information contained in this presentation ma
Slide 19: Appendix
-03- APPENDIX
Slide 20: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET CONSOLIDATED BALANCE SHEET ASSETS (€, 000) June 30, 2026 Dec. 31, 2025 EQUITY AND LIABILITIES June 30, 2026 Dec. 31, 2025 NET WORTH NON-CURRENT ASSETS Capital and reserves Intangible assets 5.006 5.423 Share capital 22.847 22.847 Property, Plant & Equipment 4.602 5.067 Sha
Slide 21: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT CONSOLIDATED INCOME STATEMENT (€,000) June 30, 2026 June 30, 2025 Sales 9.706 65.261 Changes in the stock of finished goods and in the production process (110) (14.626) Other Operating Income 685 8.995 Work performed by the company for its asset 539 1.031 Procurement (1
Slide 22: Consolidated Statement of Cash Flows
CONSOLIDATED STATEMENT OF CASH FLOWS CONSOLIDATED STATEMENT OF CASH FLOWS (€,000) June 30, 2026 June 30, 2025 Profit/(loss) before tax (34.496) (9.970) Adjustments to gain/(loss) 24.954 1.755 Changes in working capital (8.832) 15.153 Other Operating Cash Flows - (2.687) Cash flows from operating act
Slide 23: Alternative Performance Measures
ALTERNATIVE PERFORMANCE MEASURES ALTERNATIVE PERFORMANCE MEASURES GROSS MARGIN NET INCOME Net Turnover + Changes in Finished Goods Inventories and Work in Progress - Gross margin - Other personnel expenses - Other operating expenses + Losses, Supplies impairment and changes in provisions for trading
Slide 24: Alternative Performance Measures
ALTERNATIVE PERFORMANCE MEASURES ALTERNATIVE PERFORMANCE MEASURES NET MARGIN ON SALES EBITDA Net margin / Net turnover Operating Margin + Other Operating Income - Losses, impairment losses and The net margin on sales is considered by the group's management as a measure of the changes in provisions f
Slide 25: Alternative Performance Measures
ALTERNATIVE PERFORMANCE MEASURES ALTERNATIVE PERFORMANCE MEASURES NET FINANCIAL DEBT LOANS Borrowings - Current financial assets - Cash and cash equivalents (excluding those Current bank borrowings + Non-current financial liabilities + Other current financial other cash components that are pledged a
Slide 26: soltec.com
EUROPE SOUTH AMERICA HEADQUARTERS BRAZIL Gabriel Campillo s/n, Pol. Ind. La Serreta R. Barão do Triunfo, 612 - sala 2310 30500 Molina de Segura, Murcia, Spain Brooklin, São Paulo – SP +34 968 603 153 04602-002 info@soltec.com +55 11 93777 4697 brasil@soltec.com MADRID Avenida de Bruselas 30 (edif. M
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