Solar Announces Preliminary Unaudited Earnings Results for the Year 2017
January 12, 2018 at 08:32 pm IST
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Solar announced preliminary unaudited earnings results for the year 2017. Revenue was DKK 11,769 million compared to DKK 11,072 million a year ago. EBITA was DKK 264 million compared to DKK 278 million a year ago. EBIT was DKK 95 million compared to DKK 222 million a year ago. Net profit before financial income and expenses was DKK 25 million compared to DKK 22 million a year ago. Net profit before tax was DKK 93 million compared to DKK 188 million a year ago.
Solar A/S is a Denmark-based company engaged in the distribution of electrical, heating, plumbing and ventilation components. The Companyâs sales are divided into industry segment and contractor segment. The Company offers, among others, lightning, boilers and radiators, water heaters, heat pumps, switches and socket outlets, detection and push buttons, fans and air handling units, solar heating units, fire alarm systems, contactors, and cables for building, marine and offshore, and telecommunications industries. The products are distributed through a network of centrally located branches, drive-ins supporting the central warehouses and through an online channel. Apart from this, it sells accessories for consumer electronics through Aurora Group A/S. Solar A/S operates a number of subsidiaries in Denmark, Faroe Islands, Sweden, Norway, the Netherlands, Belgium, Poland and Austria. It operates, among others, through MAG45, an integrated supply company.
SOLAR A/S 
