hep global GmbH, a specialist in solar project development, concluded fiscal year 2025 with a significant turnaround, reporting a consolidated profit of EUR 2.9 million compared to a loss of EUR 9.1 million in the prior year. The company's revenue reached EUR 45.8 million, within the forecast range of EUR 45 to 55 million, while earnings before interest and taxes (EBIT) improved to EUR 10.8 million from a loss of EUR 4.8 million. Operating cash flow also strengthened to EUR 8.1 million, reversing a negative EUR 24.8 million in 2024.
The positive results were driven by a consistent focus on the service business and a more than doubling of revenue from solar park project development, which rose to EUR 41.9 million from EUR 18.8 million in 2024. Key contributions came from project development services in Germany and Poland. The company also reduced its cost base and increased operational efficiency. Work in progress inventories increased to EUR 65.7 million, reflecting ongoing development of solar parks in the U.S. and Germany, underscoring the expansion of the international project pipeline.
Since selling its investment business at the end of 2024, hep global has concentrated entirely on photovoltaic project development and operation. The company's "greenfield-first" strategy emphasizes early-stage project development to capture more value, with increasing integration of battery storage systems to create additional revenue streams and enhance investor appeal. Christian Hamann, CEO of hep global Group, stated, "Fiscal year 2025 marks an important turning point for hep global... We have succeeded in impressively demonstrating our company's operational performance and returning to profitability."
For fiscal year 2026, management forecasts revenue between EUR 45 and 55 million and EBIT in the range of EUR 0 to 10 million. The lower EBIT forecast compared to 2025 is attributed to a strategic partnership in the U.S. agreed in May 2026, with a comprehensive financing solution expected in the second half of the year. The company plans to further expand and monetize its project pipeline in core markets: Germany, Italy, Poland, the U.S., Canada, and Japan. With the integration of battery storage and a strong pipeline, hep global aims to capitalize on growth opportunities in international solar markets.
More details about the company's performance and strategy can be found on the official website at www.hepsolar.com and the original press release on www.newmediawire.com.
