Q1 2025 Solar A/S Earnings Call Transcript

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May 09, 2025

May 09, 2025 / 09:00AM GMT
Michael Jeppesen - Solar A/S-Chief Financial Officer - Member of the Executive Board

A very warm welcome to this first quarter webcast for the solar Group.

I'm here together with CFO Margaret Ebison and our investor relations director Dennis Kellison.

The agenda for today is a general business update with some highlights for Q1 presented by me. Then I will elaborate over the topic preparing for future growth. Then Michael would take over and present our first few results, including a high level cash flow status, and of course, finally we will have a Q&A session.

Next slide, please.

If we look into the highlights, revenue increased to 3.2 billion, adjusted organic growth amounted them to 6.5%. If we adjust for a big growth in solar polaris, which has made a major solar park organic growth amount to 4.3%. As expected, we saw positive adjusted organic growth in all main markets and across all main segments in Q1.

Installation delivered ads and growth of 4.7%, industry of 3.3%, and then finally, astonishing 30% in

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