Holaluz delivers on Normalised EBITDA guidance, reaching
From GlobeNewswire:
Holaluz-Clidom S.A. (BME:HLZ) achieved a record Normalised EBITDA of 3M€ for FY2023, doubling its solar market share to over 3% by December 2023 despite a slowdown in the residential solar market. Both Solar and Energy Management recorded record profitability in Q4 2023, with Solar’s gross margin at 48.9% over sales and Energy Management achieving a record contribution margin thanks to operational improvements. Holaluz also reached several ESG milestones, including avoiding 2.7 mT of CO2 emissions, obtaining the ISO:14001 EMS certification, and maintaining high levels of customer satisfaction. In 2024, the company plans to focus on areas such as Distributed Generation, launching subscription-based leasing products for Solar, and enhancing the Tarifa Justa green electricity subscription product for Energy Management. Holaluz is committed to driving the energy transition through innovative solutions like the first Virtual Power Plant in Spain, aiming to optimize customers’ flexible assets for a more sustainable energy system.
Read more at GlobeNewswire: Holaluz delivers on Normalised EBITDA guidance, reaching