Soltec’s Q1 Report Offers Unaudited Insights

Soltec Power Holdings SA (ES:SOL) has released an update.

Soltec Power Holdings has issued a report detailing its first quarter activities for 2024, emphasizing that the financial information provided has not been audited, though a review of Agreed Upon Procedures was conducted by EY on a sample of Soltec Renewable Energies’ billing. The company also highlights that the financial measures used in the report are based on its own accounting records and are considered alternative performance measures, which are not meant to replace International Financial Reporting Standards (IFRS) figures. Users are advised these alternative measures are supplemental and not to be used as the sole basis for investment decisions.

For further insights into ES:SOL stock, check out TipRanks’ Stock Analysis page.

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