The company reported preliminary 2016 results. Total shipments increased 19% to 1,375MW compared to 1,150MW in 2015. Revenues, however, improved only 5.2% to €803m (estimate: €969m). EBITDA reached a loss of €26m and the EBIT loss jumped from €-4m to €99m (estimate: €74m) including an impairment of €25m. Liquid funds reached €88m in December 2016.
13 Feb 2017
In deep water!!
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In deep water!!
SolarWorld AG (0QJC:LON) | 0 0 0.0% | Mkt Cap: 9.38m
- Published:
13 Feb 2017 -
Author:
Heinz Steffen -
Pages:
2
The company reported preliminary 2016 results. Total shipments increased 19% to 1,375MW compared to 1,150MW in 2015. Revenues, however, improved only 5.2% to €803m (estimate: €969m). EBITDA reached a loss of €26m and the EBIT loss jumped from €-4m to €99m (estimate: €74m) including an impairment of €25m. Liquid funds reached €88m in December 2016.