SolTech Energy (SOLT) investor relations material

Executive summary

• Net sales increased by 28% year-over-year in Q2 2026, reaching 435.6 MSEK, driven by growth in the core solar business and strategic project wins.

• The group continued restructuring efforts, including leadership changes and cost-saving initiatives, aiming for long-term profitability and cash flow improvement.

• Expansion into the Nordic region advanced, with new contracts in Finland, Denmark, and Norway, and several long-term framework agreements secured.

Financial highlights

• Q2 2026 net sales: 435.6 MSEK (340.7 MSEK in Q2 2025), with 28% growth.

• EBITDA: -24.8 MSEK (-18.7 MSEK in Q2 2025); adjusted EBITDA (excluding restructuring and incentive program costs) was -4.8 MSEK.

• EBITA: -35.8 MSEK (-32.6 MSEK in Q2 2025); EBITA margin: -8.2% (-9.6%).

• Net result after tax: -45.0 MSEK (-43.8 MSEK in Q2 2025); EPS: -0.03 SEK (-0.43 SEK).

• Cash flow for the quarter: -33.8 MSEK (-5.3 MSEK in Q2 2025).

• For Jan–Jun 2026: net sales 757.2 MSEK (3% growth), EBITDA -60.7 MSEK, EBITA -84.3 MSEK, net result -111.8 MSEK.

Outlook and guidance

• Management remains focused on stabilizing finances, improving profitability, and building a platform for sustainable growth.

• Ongoing restructuring and selective project intake are expected to further enhance underlying profitability.

• Financial targets are under review following strategic changes.