Solar’s Q3 revenue fell below expectations, leading to a refined guidance of DKK 12.0bn revenue and DKK 460m EBITDA. CEO Jens Andersen remains committed to long-term value creation, highlighting strategic milestones like the Sonepar Norge acquisition. Financial ratios show a decline in EBITDA margin but an increase in organic growth. Solar continues to invest in sustainable growth and earnings.

The company reported Q3 financial highlights, including revenue of DKK 2,815 million and an EBITDA of DKK 110 million. Adjusted EBITDA for Q3 was DKK 116 million. Solar’s guidance for 2025 includes revenue of approximately DKK 12,000 million and an EBITDA of around DKK 460 million, with an expected organic growth of -0.5%.

Solar signed an agreement for Solar Norge to acquire 100% of Sonepar Norge post-reporting period. An audio webcast and teleconference will be held on November 6, 2025, to present the Quarterly Report Q3 2025. Participation is available via the webcast link or teleconference registration. Contacts for CEO, CFO, and IR Director are provided for further information.

Solar is a leading European sourcing and services company focusing on electrical, heating, plumbing, ventilation, climate, and energy solutions. The company aims to drive the green transition and provide sustainable solutions to customers. With revenue of approximately DKK 12.2bn in 2024 and 2,900 employees, Solar is listed on Nasdaq Copenhagen. Visit www.solar.eu for more information.

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