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Solaria Energía y Medio Ambiente (SLR) investor relations material
Solaria Energía y Medio Ambiente Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record H1 2026 results with 51% production growth to 1,717 GWh, revenue up 44% to €223.3 million, and net profit rising 52% to €124.9 million, driven by new capacity and data centre infrastructure growth.
EBITDA increased 50% to €210.1 million, reaching 64% of the annual target in H1.
Infrastructure sales surged 355% year-over-year to €99.6 million, exceeding all of 2025's total.
Major project milestones included environmental approvals for large solar and battery projects in Italy and Spain, and new long-term PPAs for solar and storage.
Strong outlook for H2 2026, supported by higher energy prices, expanded battery storage, and reaffirmed multi-year EBITDA targets.
Financial highlights
Total revenues reached €223.3 million (+44% YoY), with EBITDA at €210.1 million (+50% YoY) and net profit at €124.9 million (+52% YoY).
EBIT increased 55% to €180.0 million, with margins improving to 81%.
Cash and cash equivalents rose to €209.4 million, up 186% from FY 2025.
Net financial debt reduced to €1,146 million, with leverage down to 3.9x from 5.4x.
Investments totaled over €276 million in H1 2026.
Outlook and guidance
Reaffirmed EBITDA targets: €331 million for 2026, €456 million for 2027, and €521 million for 2028.
H2 2026 expected to accelerate earnings growth, supported by higher merchant prices and new capacity additions.
3.6 GW in operation targeted by year-end 2026, with significant BESS deployment underway.
Capital efficiency and cost efficiency program underway, targeting €7 million in annualized savings.
Strategic plan and growth targets to be updated at Investor/Capital Markets Day in November 2026.
- Q1 2026 EBITDA rose 53% to €113.2m, net profit hit €80.4m, and €300m was raised for growth.SLR
Q1 2026 - Record FY 2025 results and 3.1 GW capacity, with major data center and hybrid PPA deals.SLR
Q4 2025 - Capacity to triple and EBITDA to double by 2028, driven by renewables, BESS, and data centers.SLR
CMD 2025 - Net profit up 148%, EBITDA up 75%, revenue up 65%, with storage and capacity expansion.SLR
Q3 2025 - Net profit up 97% to €82.1M, revenue up 59%, and major expansion in renewables and storage.SLR
Q2 2025 - Resilient H1 2024 results, 22% production growth, and €1bn cash generation expected.SLR
Q2 2024 - Revenue and EBITDA fell on lower prices, but UK and data center expansion drive future growth.SLR
Q3 2024 - FY 2024 EBITDA rose to €201.3M as renewable and data-center expansion advanced.SLR
Q4 2024 - Net profit jumped 127% and revenue rose 67%, with robust outlook and share buyback announced.SLR
Q1 2025
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Next Solaria Energía y Medio Ambiente earnings date
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