7C Solarparken AG

Latest Results (21.03.2026):

7C Solarparken AG — first half (H1) 2025 (covering Q2 2025): The Group delivered strong operational performance with H1 2025 EBITDA of EUR 32.8 million (up 41% year‑on‑year) and revenue of EUR 35.9 million, but recognised impairment losses that turned the period into a net loss of EUR 2.8 million. Management raised full‑year EBITDA guidance and cash‑flow guidance, is continuing the share buyback programme and set a Roadmap 2030 for steady portfolio and battery expansion.

EBITDA & Revenue

Revenue for H1 2025: EUR 35.9m. EBITDA: EUR 32.8m (2024 H1: EUR 23.24m), driven by strong yields (specific yield in Germany 553 kWh/kWp, +20% vs prior year) and hedging on newer assets.

Net result

Reported profit for the period: net loss of EUR 2.8m (profit before tax EUR -3.843m; income tax income EUR 1.048m). Basic EPS: -EUR 0.05. Operating result (EBIT) was EUR -0.455m after depreciation, amortisation and impairments.

Impairments

The Group recognised impairment losses on property, plant and equipment of EUR 14.8m in H1 2025, citing expectations of subdued medium‑to‑long‑term PV electricity prices as the primary reason.

Guidance & cash flow

Management raised full‑year 2025 EBITDA guidance to “at least” EUR 51m and raised cash‑flow‑per‑share guidance to “at least” EUR 0.50. Net cash from operating activities for H1 2025: EUR 21.37m.

Balance sheet & liquidity

Cash and cash equivalents at 30 June 2025: EUR 85.84m. Total equity: EUR 233.84m. Financial liabilities (current + non‑current): EUR 192.30m, implying approximate net debt of EUR 106.46m (financial liabilities less cash).

Portfolio & near‑term investments

IPP portfolio capacity at 30 June 2025: 494 MWp (close to 500 MWp). The Group plans ~EUR 8m of investment in H2 2025 to complete the Reuden‑Süd project, having obtained control and stakeholder agreements.

Shareholder actions & strategy

The share buyback programme launched 3 April 2025 will continue. Management notes a carrying amount of EUR 2.65 per share (book) and introduced a Roadmap 2030: target +10 MWp/year, add 15 MW/30 MWh battery capacity per year, and annual share repurchases of EUR 8m (≈ EUR 0.10/share).