hep global GmbH, a specialist in solar project development, has concluded fiscal year 2025 with significantly improved profitability, reporting a consolidated net profit of EUR 2.9 million compared to a loss of EUR 9.1 million in the prior year. The company's earnings before interest and taxes (EBIT) reached EUR 10.8 million, up from a loss of EUR 4.8 million in 2024, according to audited consolidated financial statements. Revenue came in at EUR 45.8 million, within the forecast range of EUR 45 to 55 million.
The positive performance was driven by a doubling of revenue from project development to EUR 41.9 million, primarily from activities in Germany and Poland. The company also reduced its cost base and improved operational efficiency. Operating cash flow turned positive at EUR 8.1 million, compared to negative EUR 24.8 million in the previous year. Work in progress increased to EUR 65.7 million, reflecting continued investment in solar park projects in the U.S. and Germany.
CEO Christian Hamann attributed the turnaround to the consistent implementation of the company's strategy, which focuses on independent project development ("greenfield-first" approach) and integration of battery storage systems. "The fiscal year 2025 marks an important turning point for hep global," Hamann said. "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 reflects the timing of a comprehensive financing solution expected in the second half of the year and a changed strategy in the U.S. following a strategic partnership announced in May 2026. The company plans to expand its project pipeline in core markets including Germany, Italy, Poland, the U.S., Canada, and Japan.
Further details are available in the original release on NewMediaWire.
