Solwers Plc, Company release, inside information, 26 June 2026 at 17:15 EEST
Solwers Plc has negotiated with its main bank to resolve the situation concerning the net debt/EBITDA covenant included in its financing agreement. As a result of the negotiations, the bank has waived the review of the financial covenant terms on the 30 June 2026 testing date. The company will continue financing negotiations with its main bank.
On 17 June 2026, Solwers announced that it estimated that the company would not meet its current net debt/EBITDA covenant on the 30 June 2026 testing date, and that the company is negotiating with its main bank to resolve the situation related to the covenant. The waiver does not change the key financial terms of the financing agreement.
Solwers continues measures aimed at improving profitability and actively monitors the compliance with the terms of the financing agreement.
Solwers Plc will publish its half-year January-June financial report on 25 August 2026 at approximately 9.00 a.m. EEST.
Solwers Plc
Board of Directors
Certified Adviser: United Bankers Corporate Finance Oy, ubcf@unitedbankers.fi
Distribution:
Further information
Jasmine Jussila, Chief Communications Officer, tel. +358 40 500 4760, jasmine.jussila@solwers.com
SOLWERS PLC IN BRIEF
Solwers is a fast-growing group of consultancy companies that provides architectural design, technical and other consultancy, and project management services locally, close to its clients. Solwers' strategy is based on acquisitions and organic growth, the Group's attractiveness as an employer for professionals in various fields, and the continuous development of expertise. The Solwers Group consists of 29 companies operating under their own brands, employing more than 700 experts in Finland, Sweden and Poland.