hep global GmbH, a specialist in solar project development, has concluded fiscal year 2025 with a positive consolidated result of EUR 2.9 million, a significant improvement from the EUR -9.1 million loss in 2024. The company's earnings before interest and taxes (EBIT) rose to EUR 10.8 million, up from EUR -4.8 million in the prior year, while revenue increased to EUR 45.8 million, within the forecast range of EUR 45 to 55 million.
The positive performance was driven by a consistent focus on the service business and a sharp increase in revenue from solar park project development, which more than doubled to EUR 41.9 million. Key contributors were project development services in Germany and Poland. The company also reduced its cost base and improved operational efficiency, with operating cash flow turning positive at EUR 8.1 million compared to EUR -24.8 million in 2024.
Strategic realignment played a crucial role. Following the sale of its investment business at the end of 2024, hep global now focuses entirely on developing and operating photovoltaic projects, emphasizing a 'greenfield-first' approach to capture value throughout the development process. The integration of battery storage systems aims to create additional revenue streams and enhance project appeal to investors.
CEO Christian Hamann stated, 'The fiscal year 2025 marks an important turning point for hep global. We have succeeded in demonstrating our operational performance and returning to profitability through consistent strategy implementation.' The company's work in progress increased to EUR 65.7 million, reflecting ongoing development of solar parks in the U.S. and Germany.
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 outlook accounts for a strategic partnership in the U.S. agreed in May 2026 and the expected implementation of a comprehensive financing solution in the second half of the year. Core markets include Germany, Italy, Poland, the U.S., Canada, and Japan, where the project pipeline will be expanded and monetized.
With over 15 years of experience, the hep global Group employs around 160 people worldwide and covers the entire solar value chain. The company's website provides further information. For more details on the financial results, the original press release is available on NewMediaWire.
