Quarterly Report Q2 2018
Our financial report for the second quarter and first half year of 2018 was published on 9 August.
We presented the results at an audio webcast. Catch it on demand via the below link.
Read more about our financial results for the second quarter of 2018 under our NEWS or DOWNLOADS sections.
No. 14 2018 Solar A/S completes divestment of Belgian business activities
May 01, 2018Latest financial reports
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Investing in Solar is investing in a sharp customer focus
Investing in Solar is first and foremost investing in a sharp customer focus. We believe in productivity improvement, digitalisation and networked development
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Charlotte Risskov Kræfting
Director, Stakeholder Relations
(+45) 79 30 02 57
Financial calendar 2018
| 2 Feb | Shareholders’ deadline for submitting proposals for the agenda for the annual general meeting |
| 9 Feb | Annual Report 2017 is published |
| 16 Mar | Annual general meeting at 11:00 am CET |
| 24 Apr | Quarterly Report Q1 2018 is published - audiocast at 11:00 CET |
| 9 Aug | Quarterly Report Q2 2018 is published - audiocast at 11:00 CET |
| 1 Nov | Quarterly Report Q3 2018 is published - audiocast at 11:00 CET |
IR quiet periods 2018
| Start date | End date | |
|---|---|---|
| 10 January | - | 9 February |
| 10 April | - | 24 April |
| 4 July | - | 9 August |
| 4 October | - | 1 November |
Corporate governance
We exercise sound management, transparency for shareholders and other stakeholders as well as efficient risk management
Return per share
Return per share of nominally DKK 100
| Total 2013-17 | Average 2013-17 | Year 2017 | Year 2016 | |
|---|---|---|---|---|
| Share price increase | 157.86 | 31.57 | 52.72 | -69.89 |
| Dividends distributed | 47.65 | 9.53 | 12.00 | 10.00 |
| Return | 205.51 | 41.10 | 64.72 | -59.89 |
Analysts
The following analysts cover Solar’s shares:
Carnegie Bank A/S
Alexander Borreskov
Phone: +45 32 88 04 63
E-mail: alexander.borreskov@carnegie.dk
Danske Bank A/S
Kristian Tornøe Johansen
Phone: +45 45 12 80 59
E-mail: kjoha@danskebank.dk
Nordea Bank A/S
Hans Gregersen
Phone: +45 33 33 42 39
E-mail: hans.gregersen@nordea.com
SEB
Yiwei Zhou
Phone: +45 33 28 33 08
E-mail: yiwei.zhou@seb.dk
Solar's shares
Solar’s share capital is divided into nominal value DKK 90 million A shares and nominal value DKK 685 million B shares.
The A shares are not listed. The B shares are listed on Nasdaq Copenhagen under the ID code DK0010274844 and designated SOLAR B. They form part of the MidCap index and MidCap on Nasdaq Nordic.
The share capital includes 900,000 A shares and 6,845,625 B shares. Solar’s portfolio of treasury shares totalled 447,333 B shares or 5.8% of share capital as at 30 June 2018.
A shares have 10 votes per share amount of DKK 100, while B shares have 1 vote per share amount of DKK 100.
Distribution of share capital and votes
as at 30 June 2018
| Share capital | Votes | |
| The Fund of 20th December Vejen, Denmark |
16.0% | 58.1% |
| RWC Asset Management LLP London, England |
11.9% | 5.8% |
| Chr. Augustinus Fabrikker A/S Copenhagen, Denmark |
10.6% | 5.2% |
| Nordea Funds Oy, Danish Branch Copenhagen, Denmark* |
10.2% | <5% |
| Solar A/S Vejen, Denmark |
5.8% | 2.8% |
* Cf. company announcement no. 15 2018, dated 9 July 2018, which is the latest public information.