Solteq (SOLTEQ) investor relations material

Executive summary

• Profitability improved in Q2 2026, with comparable operating result up to EUR 0.7 million from EUR 0.1 million year-over-year, driven by efficiency measures and business renewal.

• Revenue declined 9.4% in Q2 and 8.4% in H1 2026 year-over-year, reflecting weak demand in Retail & Commerce and moderate growth in Utilities.

• Cost-saving measures and organizational changes are expected to yield annual savings of EUR 2.5 million, with EUR 1.8 million realized in 2026.

Financial highlights

• Q2 2026 revenue: EUR 11.0 million (down 9.4% YoY); H1 2026 revenue: EUR 22.2 million (down 8.4% YoY).

• Q2 comparable EBITDA: EUR 0.9 million (up 125.3% YoY); H1 comparable EBITDA: EUR 0.9 million (down 10.2% YoY).

• Q2 comparable operating result: EUR 0.7 million (up from EUR 0.1 million YoY); H1 comparable operating result: EUR 0.3 million (up from EUR 0.2 million YoY).

• H1 2026 net result: EUR -1.5 million (down from EUR -0.5 million YoY); EPS: EUR -0.08 (vs. EUR -0.02 YoY).

• Equity ratio at 25.7% (down from 30.8% YoY); net cash flow from operations: EUR -0.7 million.

Outlook and guidance

• 2026 guidance: Comparable revenue expected to remain stable, with a clear improvement in comparable operating result.

• Retail & Commerce demand expected to remain weak; Utilities outlook moderate, supported by regulatory and modernization trends.