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Soltec Power Holdings SA ( (ES:SOL) ) just unveiled an announcement.
Soltec Power Holdings SA has announced the convening of its Ordinary General Shareholders’ Meeting scheduled for July 2025. The company reported a turnover of 326 million euros for the fiscal year 2024, alongside significant financial challenges, including a negative EBITDA of 28 million euros and losses of 206 million euros. In response to these challenges, Soltec is actively working on a debt restructuring and recapitalization plan with DVC Partners and other stakeholders, aiming to stabilize its financial position and ensure future growth.
More about Soltec Power Holdings SA
Soltec Power Holdings SA operates in the renewable energy sector, focusing on the development and manufacturing of solar tracking systems. The company is involved in providing innovative solutions for solar energy projects, aiming to enhance energy efficiency and sustainability.
Technical Sentiment Signal: Sell
Current Market Cap: €159M
For detailed information about SOL stock, go to TipRanks’ Stock Analysis page.