Solar Raises FY Guidance After Q2 Earnings Beat Expectations

Dienstag, 09.08.2022 08:15 von PLX

• (PLX AI) – Solar Q2 earnings beat expectations, with revenue of DKK 3,451 million above consensus of DKK 3,245 million.
• • Q2 EBITDA of DKK 267 million beat consensus of DKK 239 million
• • Solar increases its guidance for 2022 EBITDA to DKK 1.1 billion from DKK 975 million
• • Increases revenue guidance to DKK 13.45 billion compared to previous guidance of DKK 13.25 billion
• • The increased 2022 guidance is due to a higher impact from price effects in July than anticipated and a continued strong performance in all markets supported by a greater focus on electrification, company says