In Q2, Solar saw negative growth in the Industry and Installation segments. CEO Jens Andersen expressed disappointment in the market developments, with Trade and Climate & Energy showing growth. Staff reductions and optimization measures were executed, resulting in transition and restructuring costs. H1 financials included strong revenue growth for Solar Polaris in trade, but disappointing revenue development in other segments. Q2 financial highlights showed lower revenue and EBITDA than expected. Guidance for 2025 includes revenue of DKK 11,750-12,250 and EBITDA of DKK 450-510. Solar aims for an EBITDA margin >5% in 2026, with anticipated growth factors.

Read more at GlobeNewswire: No. 7 2025 Unexpected slowdown in market