Solteq is an IT consulting company. The company specializes in ERP - Enterprise Resource Planning. Other services offered are related to financial management and inventory management. The customers consist of small and medium-sized business customers operating in the retail and hospitality industries. The operations are conducted on a global level, mainly in Europe, North America and Asia.
Selskabets nye spareprogram driver indeværende års indtjeningsvækst, og det er afgørende, at det lykkes. Derudover er der naturligvis fokus på refinansieringen af JVK-lånet, som truer med at blive udfordrende igen på grund af det svage indtjeningsniveau.
Solteq reported its first comparable revenue growth in eight quarters, driven by the Utilities segment. However, profitability remained weak as expected, well in line with our estimates.
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Solteq offentliggjorde her til morgen sit Q4-regnskab, som for første gang i lang tid var relativt på linje med vores forventninger. Omsætningen voksede organisk for første gang i lang tid, men desværre nåede dette ikke bundlinjen, og indtjeningsniveauet var stadig svagt.
Solteq reports Q4 figures on February 12. Despite a December guidance cut and change negotiations announced in January, we expect Q4 comparable operating profit to have improved modestly, while sales to have declined y/y.
Solteq offentliggør sit Q4 regnskab torsdag den 12. februar 2026. Fokus i regnskabsmeddelelsen vil især være på udsigterne for 2026, effekten af de spareforanstaltninger, der blev annonceret i januar, samt selskabets stramme finansielle situation, som yderligere fremhæves af den forestående refinansiering af selskabets obligationer i indeværende år.
Forhandlingerne vedrører segmenterne Retail & Commerce og Utilities, og målsætningen er årlige omkostningsbesparelser på mindst 2,1 MEUR. De annoncerede tiltag var i høj grad forventede på grund af selskabets udfordrende indtjening og stramme finansielle situation.
The IT service sector's Q3 earnings season began with cautious optimism, as the market looked for signs of a gradual turnaround in the IT service market. Unfortunately, the sentiment remained mostly cautious.
Solteq’s Q3 results were disappointing. Despite the weak quarter, guidance was reiterated, indicating expectations of improvement in Q4, although profit warning risk is evident.
Solteq’s Q3 fell slightly short of our expectations. The difficult market environment continued to impact the result despite efficiency measures and cost control.
Solteq will report Q3 results this Wednesday, October 29. The company’s turnaround was prolonged during H1 amid a challenging market. In Q3, we expect both segments to show some improvement after the setback.
In the rest of the Nordic countries, organic revenue development turned downward and profitability weakened in Q2. Thus, even applying the Rule of 20, the situation in the IT services market remains distinctly challenging, with only one company achieving good performance and two achieving satisfactory performance.
The IT service sector entered the Q2 earnings season in a cautious mood, albeit with expectations of a turnaround. In reality, however, the situation deteriorated even further, with revenue falling more than before and beyond our expectations and profitability remaining at a very low level.