Holaluz's turnover amounts to 122.9 million euros reaching 255,543 clients and 1,879 photovoltaic installations

• Holaluz have continued to pursue growth despite global uncertainty caused by Covid-19, the fact that 100 per cent of the company’s staff are working from home, and the significant reduction in advertising investment during lockdown; a key part of this is the Rooftop Revolution, an exciting new tech based proposal for distributed generation which has been developed this year.
• Holaluz launched the Rooftop Revolution in late June, a movement born with the desire to transform as many rooftops as possible into sources of green energy.
• Holaluz closed on March 31, 2020 with consolidated sales of 122.9 million euros which represents an increase in sales of 22.8 per cent. Holaluz’s EBITDA reflects the impact of Covid-19 and stands at -2.3 million euros. The company’s gross margin reached 9.9 million euros, an increase of 81% compared to the previous year.
• With a binding commitment to distributed generation, with the Rooftop Revolution, and with a strong capital position, Holaluz’s pre-existing objectives can be re-iterated: by the end of 2023 Holaluz wants one million clients and 50,000 photovoltaic installations.

Barcelona, July 27, 2020.- Holaluz, which has been listed on the MAB since last November, continues to grow. The green technology company today announced its results which cover the period up until March 31, 2020. In the first half of the 2019-20 fiscal year (which closed on March 31, 2020), sales reached 122.9 million euros, an increase of 22.8 per cent compared to the same period in the previous year. EBITDA (profit before interest, taxes, depreciation and amortization) reflects the impact of Covid-19 and stands at -2.3 million euros. Holaluz’s gross margin reached 9.9 million euros, an increase of 81% compared to the previous year.

Income and EBITDA

*Up until 30 September, the close of the financial year

Regarding clients and installations, Holaluz reached a total of 1,879 photovoltaic installations in Spain. This represents growth of 57 per cent compared to the first quarter of the same year.

• Total number of installations 1.879

*Up until 30 September, the close of the financial year

• Total number of clients 255.543

*Up until 30 September, the close of the financial year

With a binding commitment to distributed generation, with the Rooftop Revolution, and with a strong capital position, Holaluz’s pre-existing objectives can be re-iterated: by the end of 2023 the green technology company wants one million clients and 50,000 photovoltaic installations.

The Rooftop Revolution takes Holaluz a step closer towards its goal of achieving a 100 per cent renewable planet

The Rooftop Revolution takes Holaluz a step closer towards its goal of achieving a 100 per cent renewable planet. The Roof Revolution is a movement that wants to transform as many rooftops as possible into sources of green energy.

Once all the rooftops covered by the proposal have been transformed into sources of green energy, the production of renewable electricity in Spain will have doubled, rising from 39.3 per cent of all energy produced (according to 2019 data) to 81 per cent.

Holaluz installs rooftop solar panels free of charge. They manage energy production and in return, from the first month, offer a fixed monthly discount on electricity bills. The photovoltaic facilities outlined in the Rooftop Revolution will be owned by Holaluz at first but, after 15 years, and after savings of up to 63 per cent will have been made on energy bills, the system will be transferred into the client’s name. The plan put forward by Holaluz allows clients to have a discount on their monthly energy bills and, at the end of the scheme, own a photovoltaic installation of their own.

The plan that Holaluz puts forward can be broken down into two phases. In the first, private homes will take part. In the second, community rooftops will be involved along with rooftops from the services sector.

Thanks to the technological innovation of Holaluz, more than 40 million people could benefit from 100 per cent green energy with an average monthly saving of 15 per cent.