Solutions 30 (S30) Q1 2026 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2026 TU earnings summary
29 Apr, 2026Executive summary
Q1 2026 revenue was €203.3 million, down 8.6% year-over-year, reflecting continued market headwinds and adverse weather impacts in key regions.
Organic revenue declined 11.4%, partially offset by a 2.8% contribution from acquisitions, with negligible currency effects.
Structural transformation and selectivity measures are underway, especially in French Connectivity, to adapt to mature markets and restore profitability.
Financial highlights
Group revenue fell to €203.3 million from €222.3 million in Q1 2025 (restated for discontinued UK and Spanish operations).
Connectivity revenue dropped 11.4% to €137.1 million, mainly due to France; Energy revenue was €39.1 million, down 3.8%.
Technology revenue remained stable at €27.1 million (+0.2%).
Outlook and guidance
Management expects ongoing transformation and selectivity to gradually improve financial performance.
The company is focused on adapting its model to mature markets and leveraging strong positions in Energy and established telecom partnerships.
Latest events from Solutions 30
- Revenue dropped 11.1% as telecom exits and restructuring led to lower margins and ongoing financing risks.S30
H1 2026 - 2025 saw a net loss and strategic refocus, with all AGM resolutions approved.S30
AGM 2026 - Revenue fell 5.4% to €892.4m, with margin gains outside France and a net loss from restructuring.S30
H2 2025 - Q3 revenue down 3.9% YoY; energy up 30.8%, French Connectivity down 32.1%.S30
Q3 2025 TU - Margin focus, cash generation, board renewals, and ESG progress defined 2024.S30
AGM 2025 - Double-digit EBITDA in core markets by 2026, with energy and technology driving growth.S30
CMD 2024 - Adjusted EBITDA up 37.4% and margin at 7.3%, with improved cash flow and profitability.S30
H1 2024 - Q2 revenue declined 4.5% as energy and German fiber grew, with margin improvement expected.S30
Q2 2024 TU - All AGM resolutions passed amid strong growth, margin gains, and a focus on energy and digital expansion.S30
AGM 2024