Solutions 30 SE (OTCPK:SLNTY)
$ 16.81 (0%) Market Cap: 1.80 Bil Enterprise Value: 1.93 Bil PE Ratio: 0 PB Ratio: 2.25 GF Score: 56/100

Q4 2024 Solutions 30 SE Earnings Call Transcript

Mar 31, 2025 / 04:30 PM GMT
Release Date Price: $16.81

Key Points

Positve
  • Solutions 30 SE (FRA:30L3) recorded a slight growth of 0.7% in adjusted EBITDA despite a 5.8% drop in revenue, indicating improved operational efficiency.
  • The company achieved a significant improvement in its adjusted EBITDA margin, increasing by 40 basis points to 7.5% in 2024.
  • Solutions 30 SE (FRA:30L3) reported a positive net free cash flow of €5.9 million in 2024, a substantial improvement from a negative €17 million in 2023.
  • The company successfully refinanced its bank debt with a €120 million facility, extending the maturity to seven years, which strengthens its financial stability.
  • The energy segment showed strong growth, with revenues up by more than 28%, driven by favorable market trends in renewable energy sources.
Negative
  • Overall revenues for Solutions 30 SE (FRA:30L3) decreased by 5.8% in 2024 compared to 2023, reflecting challenges in maintaining top-line growth.
  • The company faced a decline in the connectivity segment, with revenues dropping by 12.1% due to a strategic focus on profitability over revenue growth.
  • Non-recurring items amounted to €13.4 million, reflecting restructuring costs and impacting the net result negatively.
  • The financial result was negatively impacted by rising interest rates, leading to increased financial expenses related to bank debt and IFRS 16 leases.
  • The consolidated net result was a loss of €15.1 million, heavily impacted by amortization and restructuring costs.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

S30.PA - Solutions 30 SE
Q4 2024 Solutions 30 SE Earnings Call
Mar 31, 2025 / 04:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Onus.

Good evening everybody.

Thank you for joining this conference call on the 2024 results of Solution 30. This conference will be held in French and as usual there'll be a transcript available later on on our website.

And Rory, who is our general secretary, is with me this evening to comment upon the 2024 earnings and as usual, we'll answer your questions via the webcast messaging system following our presentation.

To start off with, I'd like to mention a few important milestones that staked out 2024 in France. We saw an upswing in our activities in energy that continued. We won the contract with the Verso Energy Company so to take part in the construction of the first large scale floating solar plant.
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot