The Schletter Group is continuing to invest in its growth strategy. To this end, the company has placed 6 million euros worth of bonds on the Nordic bond market as an additional capital reserve.

“We are experiencing continuous growth in our ground-mounted business and have recently signed several major orders. Our roof business is also picking up slightly, requiring an increase in inventory for some components,” explained Florian Roos, CEO of the Schletter Group. “By issuing additional bonds, we are in a position to cover the financing requirements of our further expansion in the project business as well as costs associated with the recently announced acquisition of Schletter by Enstall,” said Roos.

Schletter first tapped into the capital market for corporate financing in September 2022 and successfully placed corporate bonds worth 65 million euros on the Nordic bond market. At that time, a certain bond volume was held back in order to cover additional capital requirements at short notice at a later date (a so-called “tap issue”). Schletter has now made use of this and placed a further part of the bond volume on the market. 

The Schletter Group has recently recorded significant growth in the ground-mounted segment for the third consecutive quarter. The sales figures for Schletter Tracking Systems in particular have developed well and contributed significantly to the good turnover.