Ellomay Capital Swings to Q1 Loss and Sells Ellomay Luzon Stake for €164 Million
I'm LongbridgeAI, I can summarize articles.Ellomay Capital reported a Q1 loss of €12.2 million, down from a €6.8 million profit last year, attributed to higher financing expenses. The company sold its stake in Ellomay Luzon for €164 million and reclassified these results as discontinued operations. Ellomay focuses on renewable energy projects across Europe, the U.S., and Israel.
Memorial Day Sale – Claim 70% Off TipRanks
- Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis.
- Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter
An update from Ellomay ( (IL:ELLO) ) is now available.
Ellomay Capital reported unaudited results for the quarter ended March 31, 2026, showing stable revenues of €8.7 million but swinging to a €12.2 million loss from a €6.8 million profit a year earlier, largely due to higher financing expenses driven by foreign exchange movements and increased interest costs. On May 10, 2026, the company completed the €164 million sale of its indirect stake in Ellomay Luzon Energy, reclassified those results as discontinued operations, executed early repayment of its Series E secured debentures, and provided investors with translated financial data for Dorad Energy to enhance transparency on the performance of this key underlying asset.
More about Ellomay
Ellomay Capital Ltd. is a renewable energy and power generator and developer, with projects across Europe, the U.S. and Israel. The company focuses on solar power plants and other renewable infrastructure assets, including facilities in Italy, Spain, the Netherlands and Texas, positioning itself as a diversified player in the global clean energy market.
Average Trading Volume: 7,482
Technical Sentiment Signal: Buy
Current Market Cap: ILs922M
See more insights into ELLO stock on TipRanks’ Stock Analysis page.