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Solteq Plc s Interim Report January 1 - March 31, 2021
Solteq Plc Stock Exchange Bulletin April 29, 2021 at 8.00 am
The company continued its strong profitable growth driven by Utilities business
January-March
EBITDA was EUR 3.5 million (1.9) and EBITDA percent was 20.1 (12.0)
Operating profit was EUR 2.2 million (0.7) and operating profit percent was 12.8 (4.6)
Earnings per share was EUR 0.08 (0.00)
Solteq Group s equity ratio was 32.4 percent (31.5)
Net cash flow from operating activities was EUR 3.5 million (3.4)
Key figures
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CEO Olli Väätäinen s review:
Solteq Group s revenue grew clearly, and profit improved considerably relative to the comparison period. Solteq Group s revenue was EUR 17.4 million, an increase of 10.9 percent. The Group s operating profit was EUR 2.2 million, up by 211.6 percent from the comparison period. The Group s operating profit margin was 12.8 percent. The company s EBITDA increased by 86.2 perce ....

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