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Annual Report 2016:

Quarterly Report Q3 2017:

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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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Financial calendar and downloads

Go to our financial calendar to see upcoming events and past publications

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Corporate Social Responsibility Ethical business and sustainable development

We see CSR as a natural part of our way of doing business. We're a registered partner to the UN’s Global Compact and committed to honouring its 10 principles. Furthermore, we're part of the Carbon Disclosure Project with an aim to reduce CO2 emissions. And our long-term partnership with the SOS Children Villages brings the benefits of solar power and clean energy technologies to one of the poorest countries in Africa.

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Solar equity story

Get a quick overview of our value drivers and current financial figures

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If you're an investor you can register your email address, see your holding of shares, and sign up for annual general meetings etc.

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Financial targets

Learn more about our financial targets and our strategy in general

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Investor contact

We are happy to answer any investor-related questions or inquiries by phone or email

Charlotte Risskov Kræfting
Director, Stakeholder Relations
(+45) 79 30 02 57

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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
10 July - 9 August
10 October - 1 November

Financial highlights

Figures from Annual Report 2016

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Quarterly figures

Figures from Q3 2017

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Corporate governance

We exercise sound management, transparency for shareholders and other stakeholders as well as efficient risk management

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Return per share

Return per share of nominally DKK 100

Share price increase 137.44 27.49 -69.89 144.18
Dividends distributed 40.85 8.17 10.00 7.00
Return 178.29 35.66 -59.89 151.18


The following analysts cover Solar’s shares:

Carnegie Bank A/S
Kasper From Larsen
Phone: +45 32 88 02 00
E-mail: kasper.larsen@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

Solar shares

Following approval at the Annual General Meeting on 17 March 2017, Solar has reduced the B share capital by cancelling treasury B shares, cf company announcement no. 11 2017. Solar’s share capital now includes 900,000 A shares and 6,845,625 B shares.

The A shares are not listed. The B shares are listed on Nasdaq Copenhagen under the ID code DK0010274844, and are designated SOLAR B, and form part of the MidCap index and MidCap on Nasdaq Nordic. 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
as at 30 September 2017 in %

 Share capitalVotes
The Fund of 20th December
Vejen, Denmark
16.0% 58.1%
RWC Asset Management LLP
London, England
11.6% 5.7%
Chr. Augustinus Fabrikker A/S
Copenhagen, Denmark
10.6% 5.2%
Nordea Funds Oy, Danish Branch
Copenhagen, Denmark
9.3% 4.6%
Solar A/S
Vejen, Denmark
5.8% 2.8%