Voltalia Boosts H1 Revenue with Strong Service Growth

• Voltalia SA's first-half 2025 revenues soar to EUR 257 million, fueled by a booming services division, despite energy sales challenges. CEO Klein eyes sustainable growth amid market shifts.

Voltalia SA reported a rise in first-half 2025 revenues to EUR 257 million, up from EUR 236.7 million the previous year, driven by a 50% increase in its services division. The Development and Construction segment's revenue from third-party clients surged 55% to EUR 89.5 million, while Operations and Maintenance revenue grew 26% to EUR 15.3 million. However, energy sales revenue fell 9% to EUR 152.1 million due to price impacts in France and Albania, unfavorable exchange rates, and power curtailments in Brazil.

In the second quarter, Voltalia's revenues increased by 11% to EUR 147.7 million. Despite challenges in energy sales, the company produced 2,373 GWh of electricity, up from 2,084 GWh a year earlier, with 2,524 MW of renewables capacity in operation and 755 MW under construction. CEO Robert Klein emphasized the company's commitment to leveraging market challenges for sustainable growth. Operations at the Equipment Procurement business are being discontinued.

How Did Voltalia SA Achieve Revenue Growth Despite Declines in Energy Sales?

• Services Division Growth: The services division experienced a significant 50% increase, contributing substantially to overall revenue growth. This division includes activities such as project development, construction, and maintenance services for renewable energy projects.
• Development and Construction Segment: Revenue from third-party clients in the Development and Construction segment surged by 55%, indicating strong demand for Voltalia's expertise in building renewable energy infrastructure.
• Operations and Maintenance Expansion: The Operations and Maintenance segment saw a 26% increase in revenue, reflecting the company's ability to secure and manage long-term service contracts for renewable energy assets.
• Increased Electricity Production: Despite a decline in energy sales revenue, Voltalia increased its electricity production to 2,373 GWh, up from 2,084 GWh, showcasing improved operational efficiency and capacity utilization.
• Renewable Capacity Growth: The company had 2,524 MW of renewables capacity in operation and 755 MW under construction, indicating a strong pipeline and future growth potential.
• Strategic Focus on Market Challenges: CEO Robert Klein highlighted the company's strategy to leverage market challenges, such as price impacts and exchange rate fluctuations, to drive sustainable growth.
• Discontinuation of Equipment Procurement: Voltalia is discontinuing operations at its Equipment Procurement business, allowing the company to focus resources on more profitable and strategic areas.
• Adaptation to Market Conditions: The company adapted to unfavorable market conditions, such as power curtailments in Brazil, by optimizing its operational strategies and focusing on high-growth segments.