Report
SOLTEC : On the right path to recovery, Q4 2023 earnings to flourish
>Turning point confirmed - Soltec’s Q3 2023 earnings came significantly above our estimates (>50% EBITDA, € 3.8m higher) with an EBITDA margin of 9% compared to our 5% estimate. Margins were supported by the Industrial segment performance (8.6% EBITDA margin in Q3 2023 vs -4.3% in H1 2023) due to volume growth (0.7GW supplied in Q3 2023 and 1.7GW in 9M 2023) and product mix improvements. Sales were however below our estimates (€ 120m vs € 140m, -15%).We expect a ...
Underlying
Soltec Power Holdings
Provider
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.
Luis de Toledo Heras
Other Reports on these Companies
Other Reports from Oddo BHF
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.