Holaluz Approves the Accounts for the Last Quarter of Fiscal Year 2020
May 19, 2021
- Holaluz’s Rooftop Revolution achieved 5,346 photovoltaic installations. This is a rise of 321 percent on the previous year. As of March 31, 2021, Holaluz has added 27,685 new clients, which brings the total number of clients to 325,501.
Barcelona, May 19, 2021.- Holaluz’s company accounts for the last quarter of fiscal year 2020 (which closed on September 30) were approved this morning at a shareholder’s meeting.
At the meeting, shareholder’s unanimously ratified Holaluz’s accounts for the fourth quarter of fiscal year 2020 during which time the company saw consolidated sales rise to 69.1 million euros. While the EBITDA reached 0.6 million euros, the company’s gross margin amounted to 6.9 million euros, which constitutes a 53 percent rise on the same period in the previous year.
As of March 31, 2021, Holaluz has added 27,685 new clients, which brings the total number of clients to 325,501. These figures reaffirm Holaluz’s position as a fastgrowing company, all of this despite a financial year affected by the health and economic crisis caused by Covid-19. The Rooftop Revolution, which was launched last June, is now established as a fundamental element in Holaluz’s strategy. The scheme actively contributes to client numbers while reinforcing the company’s purpose of a 100 percent renewable world connecting people to green energy. The Rooftop Revolution aims to transform every underused square metre of rooftop into green energy. By the end of March 2021 Holaluz had managed 5,346 installations, which amounts to growth of 321 percent compared to 2019.
Executive President Carlota Pi has been very satisfied with the atmosphere of mutual trust which prevails amongst the Holaluz team. She has also given thanks for the support of the shareholders during a difficult year.
“Despite the public health and economic challenges, the achievements of the past year mean we are one step closer to our goal of creating a 100 percent renewable world. We can reiterate our goal that by the end of 2023 we will have welcomed one million customers and be managing 50,000 photovoltaic installations with an energy capacity of 1000 MW,” she said.