Solar A/S: Navigating Market Challenges and Focusing on Growth

Solar A/S, a leading European sourcing and services company, has announced its Notice of General Meeting for 2025, outlining the company's strategic focus and financial performance for the year. Despite facing market challenges, the company remains committed to driving growth and creating value for shareholders.



In 2024, Solar A/S reported revenue of DKK 12.2bn and EBITDA of DKK 646m, with EBITDA surpassing guidance. The company's revenue fell below projections due to a slower-than-expected market recovery, but its EBITDA exceeded expectations. The Board of Directors proposed a dividend distribution of DKK 15.00 per share, reflecting the company's significant investments in automation and digitalization.



For 2025, Solar A/S expects revenue between DKK 12.3bn and 12.8bn, with EBITDA ranging from DKK 530m to 600m. The company has revised its 2026 ambitions, lowering its financial ambition for EBITDA margin to >5.0% from >6.0%. Despite these adjustments, Solar A/S remains confident in its ability to strengthen its margin over time.

The company's strategic focus areas for the coming years include Climate & Energy, Concept strength, and Solution sales. Solar A/S expects slower growth in the Climate & Energy segment, reducing its ambition for share of revenue to >10%, down from >15%. The company has also reduced its ambition for the Concept strength area to >0.5 percentage points, down from >0.7 percentage points. The company's ambition for Solution sales remains unchanged.



Solar A/S' Notice of General Meeting highlights the company's commitment to navigating market challenges and focusing on growth. Despite facing a slower market recovery, the company has maintained its EBITDA guidance and proposed a dividend distribution. The company's revised 2026 ambitions reflect its assessment of recent market developments and its expectations for the remaining strategy period. By focusing on its strategic focus areas, Solar A/S aims to create value for shareholders and strengthen its position in the market.