{"id":35294,"date":"2025-03-12T11:05:00","date_gmt":"2025-03-12T10:05:00","guid":{"rendered":"https:\/\/www.sustainable-bus.com\/?p=35294"},"modified":"2025-03-12T12:18:46","modified_gmt":"2025-03-12T11:18:46","slug":"solaris-bus-results-2024","status":"publish","type":"post","link":"https:\/\/www.sustainable-bus.com\/news\/solaris-bus-results-2024\/","title":{"rendered":"Leadership in ZE buses (thanks to H2), upcoming midi e-bus launch, ambitious EBIT growth: Solaris 2024 results are out!"},"content":{"rendered":"\n
Solaris had 1,525 buses delivered in 2024 (growing 5%<\/strong>) and 1,609 vehicles in order book (92% of those being low or zero emissions) for a total value of over 1.4 billion euros. <\/p>\n\n\n\n Today Solaris has shared its results 2024. In terms of strategy, as already announced last year, the focus are on expansion on the North American market (the company recently scored a first Canadian trolleybus order<\/a> and will deliver also in Seattle<\/a>) and entry in the intercity zero emission bus segment<\/a>: the premiere will be held in early 2025.<\/p>\n\n\n\n Concerning the financial performance, Solaris also experienced in 2024 a 13% increase in revenue<\/strong>, achieving record revenue in the history of the company: up to 927 million euros<\/strong>, doubled since 2018. And the goal is clear: exceeding 1.3 billion euro in revenue and the 6.4 EBIT margin by 2026 (in 2024 EBIT stood at 4.3%<\/strong>, growing from 1% in 2023)<\/p>\n\n\n\n During the press conference Solaris’ CEO Javier Iriarte shared it remains the top seller of zero emission buses in Europe<\/strong>, with 3.074 deliveries and a 13.9% market share between 2012 and 2024. And 5,500 Solaris zero emission buses (including 200 trolleybuses) are today running all around Europe.<\/p>\n\n\n\n New products are coming: the Urbino 10.5 Electric midibus<\/strong>, featuring modular driveline, will be launched at Busworld Europe 2025 in Brussels<\/a>. In the first quarter of 2026 is scheduled the premiere of Solaris intercity electric bus, as anticipated above.<\/p>\n\n\n\n Last year Solaris shared<\/a> that vehicle sales in 2023 reached 1,456 units (-2.4 per cent <\/strong>on 2022, when the Polish company sold 1,492 units<\/a>), marking however an 18% growth in revenue<\/strong> compared to the previous year (up to 819 million euros). The company held a 15.2% share in the e-bus market 2023.<\/p>\n\n\n\n Back to 2024 results, fuel cell bus<\/a> deliveries kept Solaris ZE sales high in 2024. Last year the Polish company was indeed on fifth position in the European battery-electric bus ma<\/a>rket<\/a> (fourth<\/strong> when excluding UK and Ireland), due to a 36.6% decrease in registrations, that fell from 725 in 2023 to just 460 in 2024. However, it should be noted that 2023, for the Polish OEM, marked a quite extraordinary year in terms of BEV bus registrations (785). <\/p>\n\n\n\n<\/figure>\n\n\n\n
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Solaris presents results 2024<\/h2>\n\n\n\n
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Solaris results 2024: hydrogen bus boom<\/h2>\n\n\n\n
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