Solar A/S Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 01:58 am EDT
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Solar A/S announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was DKK 3,098 million compared to DKK 2,745 million a year ago. Net income was DKK 148 million compared to DKK 141 million a year ago. For the half year, sales was DKK 6,102 million compared to DKK 5,790 million a year ago. Net income was DKK 248 million compared to DKK 171 million a year ago.
Solar A/S is a Denmark-based company engaged in the distribution of electrical, heating, plumbing and ventilation components. The Companyâs sales are divided into industry segment and contractor segment. The Company offers, among others, lightning, boilers and radiators, water heaters, heat pumps, switches and socket outlets, detection and push buttons, fans and air handling units, solar heating units, fire alarm systems, contactors, and cables for building, marine and offshore, and telecommunications industries. The products are distributed through a network of centrally located branches, drive-ins supporting the central warehouses and through an online channel. Apart from this, it sells accessories for consumer electronics through Aurora Group A/S. Solar A/S operates a number of subsidiaries in Denmark, Faroe Islands, Sweden, Norway, the Netherlands, Belgium, Poland and Austria. It operates, among others, through MAG45, an integrated supply company.
SOLAR A/S 
