Solar

Home Improvement & Hardware Retail · Denmark · 1K - 5K Employees

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Overview

Headquarters

Industrivej Vest 43, Vejen, Region Sydda...

Phone Number

+45 79300000

Website

www.solar.eu

Revenue

$1.8 Billion

Stock Symbol

SOLAR-B

Industry

Home Improvement & Hardware Retail

Retail

ZI Rank: 2

Signal Type

Mar

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ZI Rank

Solar’s Company Summary

Solar, established in 1919, operates as a prominent European sourcing and services entity within the retail and home improvement sectors. The company specializes in providing comprehensive electrical, heating, plumbing, and climate solutions, alongside advanced industrial automation services. By leveraging over a century of industry experience, Solar delivers value-added services and business optimization tools designed to enhance customer performance across diverse markets. Their business model focuses on streamlining supply chains through digital integration and technical expertise, ensuring that clients receive high-quality components for complex infrastructure projects.

The organization maintains a robust operational footprint with 1,000-5,000 employees across 3 strategic locations. Solar integrates digital transformation into its core offerings, providing clients with web-based procurement, EDI integration, and energy-efficient resource management. Their product portfolio includes specialized heating, ventilation, and plumbing components, as well as sophisticated energy control systems that support industrial automation and sustainable infrastructure development. These digital tools and efficiency solutions are engineered to optimize resource consumption, helping customers achieve significant operational improvements while maintaining high standards of quality and reliability in their daily business activities.

Operating across key European markets including Denmark, Sweden, Germany, and the Netherlands, Solar serves both B2B and B2C segments with deep technical expertise. The company is committed to driving the green transition through sustainable resource management and energy-efficient product sourcing. Meet Solar's team to learn more about their leadership and organizational structure, which continues to support their long-term growth and commitment to operational excellence in the European retail landscape. By focusing on innovation and customer-centric service, Solar remainsView more...

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The summary is generated by AI and may contain inaccuracies. Verify critical information with official sources.

About Solar

Solar is a leading European sourcing and services company specializing in electrical, heating, plumbing, and climate and energy solutions. Founded in 1919 and headquartered in Denmark, Solar focuses on product sourcing, value-adding services, and business optimization for its customers. The company provides digital tools and efficiency improvement solutions that enhance customer performance. Solar drives the green transition with sustainable resource management solutions, operating across multiple European countries including Sweden, Germany, and the Netherlands. The company serves both B2B and B2C markets with its comprehensive product offerings and technical expertise.Explore more

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Popular SearchesSolar A/SSolarSolar Danmark A/SSolar DanmarkSolar GroupSIC Code 50,506NAICS Code 42,423Ticker CSE: SOLAR-BShow more

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Activity Insights

Solar is experiencing very low activity levels compared to other companies in the Retail sector.

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Solar Tech Stack

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Most Recent Scoops

Earnings

reported organic growth of 6.1% (adjusted for working days) in Q2 2026, following a gradual recovery from -4.2% in Q1 2026, which was partly impacted by harsh winter conditions in Norway and Denmark.

Earnings, Finance

Earnings

reported EBITDA of DKK 84 million for Q2 2026, in line with expectations, with underlying EBITDA of DKK 122 million slightly above the prior year, after accounting for integration and restructuring costs of DKK 38 million.

Earnings, Accounting, Financial Reporting, Finance

Earnings

reported net working capital of 17.7% at the end of H1 2026, compared to 15.1% in the prior year, with inventory approximately DKK 250 million higher due to deliberate purchasing decisions to counter anticipated price increases, and gearing rising to 5.1, within covenants but above the company's target range, with normalization expected in H2.

Accounting, Logistics / Supply Chain, Financial Reporting, Inventory Management, Finance, Financial Operations

Earnings

reported a 1.2% decline in gross margin compared to the prior year, with approximately 25% of the decline driven by rising freight costs not fully passed on to the market, alongside competitive pricing pressure and a negative mix effect from increased low-margin project customers.

Earnings, Logistics / Supply Chain, Finance, Pricing

Earnings

Earnings, Logistics / Supply Chain, Inventory Management, Finance, Financial Operations

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Solar News & Media

Solar A/S: No. 12 2026 All key markets returned to growth, outlook reconfirmed
All key markets and main segments returned to growth in Q2, delivering positive adjusted organic growth. Major investment programmes have now largely been completed, driving greater scalability and automatisation. Solar reconfirms its 2026 EBITDA guidance of DKK 400-480m.
www.globenewswire.com
Solar A/S: Nr. 11 2026 Q1 results at the lower end of our expected range
March showed growth across most markets, while Q1 performance came in at the lower end of expectations, impacted by severe winter in February..
www.globenewswire.com
Solar A/S: No. 10 2026 Major shareholder announcement
Pursuant to section 30 of the Danish Capital Markets Act, Solar A/S hereby announces that UBS Group AG has informed Solar that following its sale of shares on 14 April 2026, UBS Group AG’s holding of Solar B shares now totals 375,436 shares at DKK 100, corresponding to an ownership share of 4.69%.
www.globenewswire.com
Solar A/S: No. 9 2026 Major shareholder announcement
Pursuant to section 30 of the Danish Capital Markets Act, Solar A/S hereby announces that UBS Group AG today has informed Solar that following its purchase of shares on 10 April 2026, UBS Group AG’s holding of Solar B shares now totals 401,630 shares at DKK 100, corresponding to an ownership share of 5.02%.
www.globenewswire.com
Solar A/S: No. 8 2026 Major shareholder announcement
Pursuant to section 30 of the Danish Capital Markets Act, Solar A/S hereby announces that UBS Group AG has informed Solar that following its sale of shares on 7 April 2026, UBS Group AG holds 25,488,400 Solar B shares of DKK 100, corresponding to an ownership share of 3.18%.
www.globenewswire.com