Report
Luis de Toledo Heras

SOLTEC : Contracting momentum in H2 2023 to the rescue, FY 2023 guidance reiterated

>Uninspiring results as anticipated on weak industrial performance - Soltec results were broadly in line with estimates (EBITDA H1 2023 of -€ 10m) with weak activity levels at the Industrial segment (-25% y-o-y) due to the late release of the IRA guidelines in the US and the postponement of administrative milestones in the permitting segment in Spain (regional and national elections). The industrial segment (95% of consolidated revenues) recorded 1 GW of tracker suppl...
Underlying
Soltec Power Holdings

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Luis de Toledo Heras

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