Board Change • May 20
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). Independent Director Stefan Olander is the most experienced director on the board, commencing their role in 2011. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Mar 18
SolTech Energy Sweden AB (publ) Announces Board Changes SolTech Energy Sweden AB (publ) held an extra general meeting on March 17, 2026. The meeting resolved, in accordance with the nomination committee’s proposal, for the period until the end of the next annual general meeting, that the board of directors shall consist of six members. The meeting resolved to elect Petteri Saarinen and Joachim Zetterlund as new board members and that Ivana Stankovic and Bernt Ingman resign from their duties on the board. It was also resolved that Petteri Saarinen be appointed chair of the board. Stefan Ölander, Ove Anebygd, Jacob Langhard-Rosencrantz, and Thomas Mejdell will remain as directors of the board. Announcement • Feb 23
SolTech Energy Sweden AB (publ), Annual General Meeting, May 19, 2026 SolTech Energy Sweden AB (publ), Annual General Meeting, May 19, 2026. Announcement • Feb 20
SolTech Energy Sweden AB (publ) to Report Q3, 2026 Results on Nov 19, 2026 SolTech Energy Sweden AB (publ) announced that they will report Q3, 2026 results on Nov 19, 2026 Announcement • Jan 31
The management of 365 Energie B.V. agreed to acquire the remaining 53.3% stake in 365 Energie B.V. from SolTech Energy Sweden AB (publ) (OM:SOLT) in a management buyout transaction for €1. The management of 365 Energie B.V. agreed to acquire the remaining 53.3% stake in 365 Energie B.V. from SolTech Energy Sweden AB (publ) (OM:SOLT) in a management buyout transaction for €1 on January 23, 2026. A cash consideration of €1 will be paid by the management of 365 Energie B.V. Announcement • Dec 17
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired an additional 34.70% stake in Sud Energies Renovables, S.L. SolTech Energy Sweden AB (publ) (OM:SOLT) signed an agreement to acquire an additional 34.70% stake in Sud Energies Renovables, S.L. on December 11, 2025. The acquisition will be financed from SolTech's own cash. Upon completion, SolTech Energy Sweden AB (publ) will own 99.7% stake in Sud Energies Renovables, S.L. The remaining 0.3% stake will be owned by the founders of Sud Energies Renovables, S.L. SolTech Energy Sweden AB has an option to acquire remaning stake in Sud Energies.
For the period ending December 31, 2024, Sud Energies Renovables, S.L. reported total revenue of SEK 120 million and has 90 employees.
SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of an additional 34.70% stake in Sud Energies Renovables, S.L. on December 16, 2025. SolTech Energy Sweden AB (publ) now owns 99.7% stake in Sud Energies Renovables, S.L. Announcement • Aug 27
SolTech Energy Sweden AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 335 million. SolTech Energy Sweden AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 335 million.
Security Name: Shares
Security Type: Common Stock
Transaction Features: Rights Offering Announcement • Apr 22
SolTech Energy Sweden AB (publ), Annual General Meeting, May 22, 2025 SolTech Energy Sweden AB (publ), Annual General Meeting, May 22, 2025, at 17:00 W. Europe Standard Time. Location: at agdas pa hornet, regeringsgatan 107, stockholm Sweden Announcement • Feb 20
SolTech Energy Sweden AB (publ) to Report Fiscal Year 2024 Final Results on Apr 29, 2025 SolTech Energy Sweden AB (publ) announced that they will report fiscal year 2024 final results on Apr 29, 2025 Announcement • Nov 21
SolTech Energy Sweden AB (publ) to Report Q3, 2025 Results on Nov 19, 2025 SolTech Energy Sweden AB (publ) announced that they will report Q3, 2025 results at 1:00 PM, Central European Standard Time on Nov 19, 2025 Announcement • Nov 18
SolTech Energy Sweden AB (publ) to Report Q2, 2025 Results on Aug 27, 2025 SolTech Energy Sweden AB (publ) announced that they will report Q2, 2025 results at 1:00 PM, Central European Standard Time on Aug 27, 2025 Announcement • Oct 13
Soltech Energy Launches Soltech Home - A Concept for the Consumer Market The Soltech Group now launched an overall solution for the Swedish consumer market. The Soltech Home concept offers solar energy solutions that enable an efficient optimization of energy production, energy use and reduced energy costs for private individuals and farmers. Soltech is conceptualizing its solar energy offer with solar, electric car charging and energy storage to the consumer market by launching the Soltech Home concept. The concept includes a combination of products and services that will help households use their self-produced solar electricity in the best possible way, when it is needed the most and at the lowest possible price. To optimize both energy production and consumption, the concept includes solar panels, electric car charging, battery storage, support services, electricity purchase agreements and a separate control unit connected to the inverter. The customer can then monitor, control and optimize their functions in the Soltech Home app. Soltech Home enables homeowners and farmers to easily monitor, make their investments future-proof and optimize their energy use, and create higher predictability and at the same time get an improved energy economy. Something that is becoming increasingly important in today's fast-moving, volatile and more unpredictable energy market. Soldags is a concept developer and has developed the Soltech Home concept together with Soltech. The ambition is that the concept will be offered in the future by the Soltech Group's companies that offer solar energy solutions to the private market. How Soltech Home works: Experienced solar and battery advisors guide the customer to a safe investment. The energy flows in the building are analyzed and optimized through a smart algorithm that adapts the system to the property's behavior patterns and takes into account things such as weather and the customer's electricity trading and electricity network agreements. All units are integrated and optimized for maximum profitability and efficiency. All services are integrated and enable a profitable solar energy investment. Phase optimization automatically ensures that the electricity the customer produce is used more efficiently. The battery stores excess electricity and enables lower grid charges through peak power creation. Batteries also enable revenue by supporting the electricity grid with balancing services. In the service subscription, it is possible to choose an integrated electricity purchase agreement for maximum return. After the installation, Soltech offers support and service that optimizes the production and lifespan of the solar panels. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: kr0.05 (vs kr0.031 loss in 2Q 2023) Second quarter 2024 results: EPS: kr0.05 (up from kr0.031 loss in 2Q 2023). Revenue: kr678.8m (down 8.6% from 2Q 2023). Net income: kr6.00m (up kr10.2m from 2Q 2023). Profit margin: 0.9% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Jul 15
Chairman recently bought €117k worth of stock On the 12th of July, Stefan Olander bought around 289k shares on-market at roughly €0.40 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stefan has been a buyer over the last 12 months, purchasing a net total of €143k worth in shares. Reported Earnings • May 19
First quarter 2024 earnings released: kr0.24 loss per share (vs kr0.30 loss in 1Q 2023) First quarter 2024 results: kr0.24 loss per share (improved from kr0.30 loss in 1Q 2023). Revenue: kr552.8m (down 19% from 1Q 2023). Net loss: kr32.0m (loss narrowed 18% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. Board Change • Apr 25
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Johan Thiel was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10.0% average weekly change). Earnings have declined by 36% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€50.1m market cap, or US$54.0m). Announcement • Mar 21
SolTech Energy Sweden AB (publ) Announces CEO Changes SolTech Energy Sweden AB (publ) has decided to appoint Soltech's COO Patrik Hahne as the new CEO of Soltech Energy with start April 2, 2024. Patrik has extensive experience in business management from a number of different CEO and board positions in Sweden, the Nordic region and Asia. Patrik is an engineer with extensive experience of business development in companies bordering green technology and entrepreneurship and has worked for almost twenty years in the Addtech Group, among others as CEO of several of the company’s subsidiaries. Patrik also has extensive experience of both acquisitions and onboarding, as well as of working to extract synergies between subsidiaries. Patrik Hahne succeeds Soltech's current CEO Stefan Ölander, who will remain as a board member of Soltech. Stefan has been the CEO of Soltech since 2018. Five years ago, a new strategy was set with the goal of becoming a leading company in the solar energy industry. Under Stefan's leadership, the business has focused on becoming a full-service supplier of solar energy and related businesses. This has been achieved through the acquisition of some thirty companies in the solar energy, roofing, electrical engineering, and facade industries. With Soltech's support, the traditional companies have been transformed into sustainable companies of the future by adding solar energy solutions to their offer. With this strategy, Soltech has grown both organically and through acquisitions to 2023 being a Group with approximately SEK 3 billion in revenue, a positive EBITA and with close to 1,000 employees in three markets. Reported Earnings • Feb 26
Full year 2023 earnings released: kr1.25 loss per share (vs kr2.50 loss in FY 2022) Full year 2023 results: kr1.25 loss per share (improved from kr2.50 loss in FY 2022). Revenue: kr2.96b (up 53% from FY 2022). Net loss: kr164.6m (loss narrowed 37% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 19
Third quarter 2023 earnings released: kr0.01 loss per share (vs kr0.74 loss in 3Q 2022) Third quarter 2023 results: kr0.01 loss per share (improved from kr0.74 loss in 3Q 2022). Revenue: kr741.0m (up 54% from 3Q 2022). Net loss: kr1.38m (loss narrowed 98% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. New Risk • Nov 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr134m free cash flow). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 38% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). Recent Insider Transactions • Oct 12
Non Executive Director recently bought €94k worth of stock On the 6th of October, Goran Starkebo bought around 124k shares on-market at roughly €0.76 per share. This transaction increased Goran's direct individual holding by 5x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €144k more in shares than they have sold in the last 12 months. Announcement • Jul 12
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired the remaining 30% stake in Takorama AB. SolTech Energy Sweden AB (publ) (OM:SOLT) acquired the remaining 30% stake in Takorama AB on July 11, 2023. The acquisition is financed entirely from own cash. For FY 2022, Takorama had more than 30 employees and had a turnover of approximately SEK 50 million with a good profit margin. SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of the remaining 30% stake in Takorama AB on July 11, 2023. Announcement • Jul 06
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired Tekniska Lösningar I Täby Ab. SolTech Energy Sweden AB (publ) (OM:SOLT) acquired Tekniska Lösningar I Täby Ab on July 5, 2023. The acquisition is financed entirely from own cash and with newly issued Soltech shares. For FY 2022, the company had a turnover of approximately SEK 40 million with good profitability and has 15 employees.
SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of Tekniska Lösningar I Täby Ab on July 5, 2023. New Risk • Jun 17
New major risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr209m free cash flow). Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Reported Earnings • Apr 25
Full year 2022 earnings released Full year 2022 results: Net loss: kr263.0m (down 422% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 24
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr482.5m (up 90% from 3Q 2021). Net loss: kr93.6m (loss widened 419% from 3Q 2021). Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Johan Thiel was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 22
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired Takab I Jonkoping Ab. SolTech Energy Sweden AB (publ) (OM:SOLT) acquired Takab I Jonkoping Ab on September 21, 2022. As a part of a big solar group, we have all the conditions to take the company and our offer to the next level. The acquisition is financed entirely from own cash and with newly issued Soltech shares.
SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of Takab I Jonkoping Ab on September 21, 2022. Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €1.21, the stock trades at a trailing P/E ratio of 62.8x. Average trailing P/E is 30x in the Electrical industry in Germany. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €1.37, the stock trades at a trailing P/E ratio of 70x. Average trailing P/E is 32x in the Electrical industry in Germany. Total returns to shareholders of 4.8% over the past three years. Announcement • Sep 02
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired 80% stake in Kalema E-Mobility AB. SolTech Energy Sweden AB (publ) (OM:SOLT) acquired 80% stake in Kalema E-Mobility AB on September 1, 2022. The acquisition is financed entirely from own cash and with newly issued Soltech shares.
SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of 80% stake in Kalema E-Mobility AB on September 1, 2022. Reported Earnings • Aug 25
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr437.0m (up 65% from 2Q 2021). Net loss: kr56.4m (loss widened 139% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Aug 17
SolTech Energy Sweden AB (publ) to Report Fiscal Year 2022 Results on Feb 22, 2023 SolTech Energy Sweden AB (publ) announced that they will report fiscal year 2022 results on Feb 22, 2023 Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improved over the past week After last week's 25% share price gain to €2.21, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 33x in the Electrical industry in Germany. Total returns to shareholders of 57% over the past three years. Announcement • Jul 02
SolTech Energy Sweden AB (publ) Provides Sales Guidance for the Year 2022 and 2023 SolTech Energy Sweden AB (publ) provided sales guidance for the year 2022 and 2023. For the year 2022, the company is expected to have sales of SEK 40 million in 2022 (abbreviated financial year May-December) and SEK 67 million in 2023. Announcement • Jun 23
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired a 65% stake in Sud Energies Renovables, S.L. for SEK 179 million. SolTech Energy Sweden AB (publ) (OM:SOLT) acquired a 65% stake in Sud Energies Renovables, S.L. for SEK 179 million on June 22, 2022. The consideration amount includes an initial cash deposit of approximately SEK 45 million and with newly issued Soltech shares to a value of SEK 36 million and an earn out payment of SEK 98 million can be paid, if set sales and profitability targets are achieved during the next 36 months. The acquisition is financed entirely from own cash and with newly issued Soltech shares. Soltech has an option to buy the remaining 35% after 2024 at a similar valuation. The company had sales of SEK 90 million in 2021. The Access of company will take place on July 5, 2022.
SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of a 65% stake in Sud Energies Renovables, S.L. on June 22, 2022. Announcement • May 13
Soltech Energy Sweden AB (Publ) Announces Board Appointment SolTech Energy Sweden AB (publ) announced that at the Annual General Meeting elected the Board members Mats Holmfeldt, Vivianne Holm, Hellen Wohlin Lidgard, Göran Starkebo, Johan Thiel and Stefan Ölander. Mats Holmfeldt was elected Chairman of the Board. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Mats Holmfeldt was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 09
SolTech Energy Sweden AB (publ) Announces Board Changes SolTech Energy Sweden AB (publ) announced that Anna Kinberg Batra and Jimmie Wiklund have declined re-election for the coming period. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 21% share price gain to €2.32, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 35x in the Electrical industry in Germany. Total returns to shareholders of 119% over the past three years. Announcement • Apr 01
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired Din TaklÄGgare I VÄRmland - Dalsland Aktiebolag. SolTech Energy Sweden AB (publ) (OM:SOLT) acquired Din TaklÄGgare I VÄRmland - Dalsland Aktiebolag on March 31, 2022. Soltech now owns 100 percent of the company.
SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of Din TaklÄGgare I VÄRmland - Dalsland Aktiebolag on March 31, 2022. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €1.51, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 52x in the Electrical industry in Germany. Total returns to shareholders of 97% over the past three years. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr0.86 (up from kr2.03 loss in FY 2020). Revenue: kr1.24b (up 186% from FY 2020). Net income: kr81.7m (up kr172.2m from FY 2020). Profit margin: 6.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Announcement • Dec 23
SolTech Energy Sweden AB (publ) (OM:SOLT) signed an agreement to acquire the remaining 40% stake in Miljö & Energi Ansvar Sverige Ab. SolTech Energy Sweden AB (publ) (OM:SOLT) signed an agreement to acquire the remaining 40% stake in Miljö & Energi Ansvar Sverige Ab on December 22, 2021. The acquisition is financed entirely from its own assets and with newly issued Soltech shares. The installation operation in the former subsidiary Soltech Sales & Support of SolTech will during the winter of 2022 become part of Miljö & Energi and will be based in both Stockholm and Halmstad, as well as opening an office in Skåne during the coming year. The transaction is expected to complete on December 31, 2021. Announcement • Dec 21
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired 70% stake in Falu PlÅTslageri Ab and Tak & Bygg I Falun Ab from Jon Onsbacke. SolTech Energy Sweden AB (publ) (OM:SOLT) acquired 70% stake in Falu PlÅTslageri Ab and Tak & Bygg I Falun Ab from Jon Onsbacke on December 20, 2021. Falu PlÅTslageri Ab and Tak & Bygg I Falun Ab generated combined sales of SEK 40 million.
SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of 70% stake in Falu PlÅTslageri Ab and Tak & Bygg I Falun Ab from Jon Onsbacke on December 20, 2021. Announcement • Dec 18
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired Essaglas & Aluminium AB. SolTech Energy Sweden AB (publ) (OM:SOLT) acquired Essaglas & Aluminium AB on December 16, 2021. The acquisition is financed entirely from its own cash and with newly issued Soltech shares. Essaglas & Aluminium AB had a revenue of SEK 110 million in year 2020.
SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of Essaglas & Aluminium AB on December 16, 2021. Reported Earnings • Dec 03
Third quarter 2021 earnings: Revenues in line with analyst expectations Third quarter 2021 results: Revenue: kr267.2m (up 146% from 3Q 2020). Net loss: kr18.0m (loss widened 23% from 3Q 2020). Revenue was in line with analyst estimates. Announcement • Sep 10
SolTech Energy Sweden AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 229.4247 million. SolTech Energy Sweden AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 229.4247 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 11,471,235
Price\Range: SEK 20
Transaction Features: Rights Offering Announcement • Aug 31
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired 90.1% stake in Wettergrens Tak Och PlAtslageri Ab. SolTech Energy Sweden AB (publ) (OM:SOLT) acquired 90.1% stake in Wettergrens Tak Och PlAtslageri Ab on August 30, 2021. The acquisition is financed entirely from own cash and with newly issued Soltech shares. Wettergrens reported revenue of SEK 30 million.
SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of 90.1% stake in Wettergrens Tak Och PlAtslageri Ab on August 30, 2021. Executive Departure • Jun 05
Director Ninna Engberg has left the company On the 27th of May, Ninna Engberg's tenure as Director ended. As of March 2021, Ninna still personally held only 13.09k shares (€37k worth at the time). Ninna is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Announcement • May 28
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired Takbyrån i Alingsås AB. SolTech Energy Sweden AB (publ) (OM:SOLT) acquired Takbyrån i Alingsås AB on May 27, 2021. The transaction has been financed entirely from SolTech's own cash and with newly issued Soltech shares. Takbyrån i Alingsås has sales of approximately SEK 100 million. As part of the transaction, Takbyrån i Alingsås employees will join SolTech.
SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of Takbyrån i Alingsås AB on May 27, 2021. Reported Earnings • May 14
First quarter 2021 earnings released: kr0.33 loss per share (vs kr0.024 profit in 1Q 2020) The company reported a decent first quarter result with improved revenues, although earnings and control over costs were weaker. First quarter 2021 results: Revenue: kr141.8m (up 194% from 1Q 2020). Net loss: kr23.5m (down kr24.8m from profit in 1Q 2020). Announcement • Mar 10
SolTech Energy Sweden AB (publ) (OM:SOLT) has agreed to acquire Provektor Sweden Ab for SEK 65.1 million. SolTech Energy Sweden AB (publ) (OM:SOLT) has agreed to acquire Provektor Sweden Ab for SEK 65.1 million on March 8, 2021. Under the terms of agreement SEK 20 million will be paid in cash and SEK 25 million will be paid in Soltech shares. After 12, 24 and 36 months, a total of approximately SEK 6.7 million per year can be paid out in a variable if the set sales and profitability targets are achieved. The acquisition of Provektor is financed entirely from its own cash and with newly issued Soltech shares. The acquisition also includes the wholly owned company Afsens Fastighetsbolag AB, which includes three properties. Provector's operations in Skara, Lidköping and Töreboda are conducted in these properties. For the Year 2020 Provektor recorded the sales of SEK 147 million. Erik Penser Bank AB acted as financial advisor for SolTech. Reported Earnings • Mar 02
Full year 2020 earnings released: kr1.50 loss per share (vs kr0.84 loss in FY 2019) The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: kr435.0m (up 65% from FY 2019). Net loss: kr91.0m (loss widened 128% from FY 2019). Is New 90 Day High Low • Jan 21
New 90-day high: €4.31 The company is up 133% from its price of €1.85 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 44% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: €2.93 The company is up 44% from its price of €2.04 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 31% over the same period. Is New 90 Day High Low • Nov 26
New 90-day high: €2.61 The company is up 37% from its price of €1.90 on 27 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 13% over the same period. Announcement • Sep 29
SolTech Energy Sweden AB (publ) (OM:SOLT) entered into an agreement to acquire Takrekond i Kalmar AB and 80% stake in Takrekond i Småland AB. SolTech Energy Sweden AB (publ) (OM:SOLT) entered into an agreement to acquire Takrekond i Kalmar AB and 80% stake in Takrekond i Småland AB on September 28, 2020. Soltech has an option to acquire the remaining 20% of the shares in Takrekond Småland 2024. The acquisition of Takrekond is financed entirely from its own cash and with newly issued shares in Soltech Energy. The transaction is expected to complete on October 1, 2020. Announcement • Sep 19
PowerCell Sweden AB Signs Cooperation Agreement with Soltech Group Regarding Fuel Cell Solutions for Solar Energy PowerCell Sweden AB has signed a Nordic cooperation agreement with Soltech Group regarding a joint development of stationary energy solutions based on the two companies products within fuel cells and solar energy. In a first collaborative project, the two companies will conduct a feasibility study regarding a stationary power solution that will secure power supply for Amokabel AB in Alstermo, Småland. The aim of the cooperation agreement is to utilize the two companies expertise and products to offer stationary energy solutions based on a combination of solar energy and fuel cells. By using excess energy from solar panels to produce hydrogen, solar energy can be stored and converted back to electricity in a fuel cell when needed. The aim of the feasibility study that the two companies will perform for Amokabel, is to examine if solar energy in combination with hydrogen storage can alleviate the company’s problem with grid capacity. As Amokabel has grown and increased its production, it has experienced increasing problems with lack of power in the existing grid. The increasing need of energy, and sustainable energy in particular, makes the combination of solar energy and fuel cells extremely interesting. Announcement • Sep 11
SolTech Energy Sweden AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 98.069076 million. SolTech Energy Sweden AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 98.069076 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,172,423
Price\Range: SEK 12
Transaction Features: Rights Offering Announcement • Aug 28
Soltech Energy Sweden AB (publ) signed an agreement to acquire 60& stake in Miljö & EnergiAnsvar Sverige AB on August 27, 2020. Soltech Energy Sweden AB (publ) (OM:SOLT) signed an agreement to acquire 60% stake in Miljö & Energi Ansvar Sverige AB on August 27, 2020. Soltech Wnergy also has an option to acquire the remaining 40% of the shares of Soltech Energy in 2024. The acquisition of Miljö & Energi Ansvar Sverige AB is financed entirely from its own cash and with newly issued shares in Soltech Energy. The transaction is expected to complete on September 1, 2020. 
