Holaluz closed the first half of 2022 with a consolidated turnover of 562.6 million euros, multiplying by three the turnover of the same period of the previous year. The gross margin for the first half of 2022 amounted to 50.7 million euros. This growth was also transferred to normalized EBITDA, which reached 19.1 million euros in the first half of 2022.
East Thursday, November 3 at 12:30 p.m., Carlota Pi, president of Holaluz, will be live on the Investment Strategies YouTube channel to present the financial results for the first half of the year as well as the update of its business plan to 2024, in which it has set an EBITDA target of 80 million euros.
Also, we will talk about closure of the sale of gas that the company undertook on October 3 and how it has influenced Holaluz’s business.
The Rooftop Revolution
The company’s Solar First approach has been reflected in sales of The Rooftop Revolution, which experienced a further acceleration in the third quarter of the year, reaching 1,187 installations in the third quarter alone, compared to 814 in the second quarter and the 450 of the first, despite the fact that August is a seasonally slow month.
In total, Holaluz accumulates 9,176 installations managed as of September 30 compared to 7,737 installations at the end of June of the same year.
This strong growth has been supported by the launch of the advertising campaign last July, which successfully boosted notoriety, brand searches, requests for information, as well as incoming calls.