pta20251126007
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7C Solarparken AG: 9M EBITDA rises to EUR 53 Mio. as net debt drops to EUR 90 Mio.

Bayreuth (pta007/26.11.2025/08:00 UTC+1)

BAYREUTH, 26 November 2025 – 7C Solarparken AG (WKN: A11QW6, ISIN: DE000A11QW68) reports strong group results over the first nine months of 2025: group EBITDA increased to EUR 53 Mio., whilst net debt on 30 September 2025 declined significantly to EUR 90 Mio compared to year-end 2024.

OPERATIONAL PERFORMANCE

Irradiation levels in the reporting period showed a mixed performance. Whereas the second quarter enjoyed exceptional sunshine, the following quarter was among the weakest third quarters in the past 15 years. Combined, cumulative irradiation ended up broadly in line with a typical nine months.

Total power production reached 361 GWh (~799 kWh/kWp) January through September 2025, of which 137 GWh (~297 kWh/kWp) was generated in Q3. The year-on-year increase from 329 GWh to 361 GWh was driven by improved irradiation (+10%) and a larger portfolio (+6%), partially offset by record Re-Dispatch volumes. Compensation for these unplanned curtailments is included under "other operating income", not power sales.

Power sales rose to EUR 57.5 Mio., corresponding to a capture price of EUR 159/MWh. The capture price therefore only slightly declined from EUR 166/MWh in the comparative period, as it was supported by: i) ongoing value creation from curtailment optimisation and smart trading, ii) proportionally stronger output from high-FIT parks in Bavaria, and iii) higher-than-expected PV market prices from July 2025 onward.

FINANCIAL PERFORMANCE

Revenues reached EUR 58.1 Mio. (+6% YoY). EBITDA increased to EUR 53 Mio. (9M 2024: EUR 44 Mio.), i.e. a 21% increase. Other operating income rose to EUR 7.2 Mio., including EUR 3.2 Mio. in Re-Dispatch compensation and EUR 0.8 Mio. in insurance proceeds.

Net debt decreased to EUR 90 Mio. With seasonal effects, capex for Reuden Süd, and continued share buybacks, net debt is however expected to rise slightly by year-end.

The share buy-back programme advanced strongly, with 3.2 Mio. shares repurchased via tender at EUR 1.90 and the ongoing programme expanded to 2.5 Mio. Shares by year-end. As of today, the company holds approximately 5.5 Mio. own shares.

OUTLOOK
Key value-creation priorities for 2025 — optimisation, opportunistic growth, advancing the solar asset Reuden Süd, and completing the share buy-back programme — are largely on track. The cable and grid connection works on the Reuden Süd solar asset (20 MWp) are nearing completion. The strategy execution of battery projects is accelerating, with grid reservation rights of ca. 20 MW secured.

The management confirms full-year EBITDA and CFPS guidance: EBITDA in 2025 of "at least EUR 51 Mio." With a cash flow per share of "at least EUR 0.50."

CEO Steven De Proost: "These results demonstrate that our capex-light mix of swaps, curtailment optimisation and smart trading has been the right response to negative price dynamics. In future, battery storage will gradually take over as our main tool to combat these prices. The success of the share buy-back programmes and the upcoming grid connection of Reuden Süd are major value milestones."

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Emitter: 7C Solarparken AG
An der Feuerwache 15
95445 Bayreuth
Germany
Contact Person: Koen Boriau
Phone: +49 921 230557-77
E-Mail: info@solarparken.com
Website: www.solarparken.com
ISIN(s): DE000A11QW68 (Share)
Stock Exchange(s): Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate
Other Stock Exchanges: London
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