2025 Q1 revenue of €232.4 million, down -12.3% Continued implementation of selectivity strategy with priority given to margins, primarily in telecoms in France and SpainHigh comparison basis: +3.8% in Q1 2024 compared to -5.8% for the full year 2024 Growth drivers remain well-oriented Energy up +19.1% (+30.1% in France), representing 18% of the Group’s Q1 revenueStrong momentum in Germany, where the Group has a solid presence, with growth of +20.7% in Q1 Ongoing measures to improve performance in the Other Countries segment Growth resumes in Italy: +14.6%, with gradually improving economic conditionsRestructuring of Connectivity activities in Spain, with strategic refocusing on Energy and Technology In millions of euros (unaudited)Q1 2025Q1 2024% changeRevenue 232.4265.0 -12.3%Benelux88.7100.7 -12.0%France76.397.9 -22.0%Germany21.918.2+20.7%Other Countries45.548.3 -5.8% Gianbeppi Fortis, Chief Executive Officer of Solutions30, stated: "In a mixed market environment, we remain firmly committed to our strategy, maintaining a clear focus on margins and cash generation over revenue growth.
Appendix Breakdown of Q1 revenue by segment: In millions of euros (unaudited)Q1 2025Q1 2024% changeBenelux88.7100.7 -12.0%Connectivity 67.978.7-13.8%Energy 14.116.7-15.8%Technology 6.7 5.3+25,7% France76.397.9 -22.0%Connectivity 36.864.7-43.2%Energy 22.817.5+30,1%Technology 16.715.6+7,1% Germany21.918.2+20.7% Other Countries45.548.3 -5.8%Poland 16.214.6+11,4%Italy 14.913.0+14,6%Spain7.311.6-37.2%United Kingdom7.19.2-22.3%Group revenue232.4265.0 -12.3% Upcoming Events TPICAP Conference Paris May 15, 2025Annual General Meeting June 17, 20252025 Half-Year Earnings Report September 17, 2025 (after market close)2025 Q3 Revenue Report November 5, 2025 (after market close) About Solutions30 SE Solutions30 provides consumers and businesses with access to the key technological advancements that are shaping our everyday lives, especially those driving the digital transformation and energy transition.
We remain confident in the relevance of our multi-technical and multi-local model, the strength of our growth drivers, and our ability to achieve our 2026 targets.” Consolidated Revenue Solutions30’s Q1 2025 consolidated revenue amounted to €232.4 million, down -12.3% year-on-year against a particularly high comparison basis, as Q1 2024 marked the strongest quarterly growth of 2024, at +3.8%.
