Solarworld reported final Q2 16 results. Revenues increased 29.6% to €221.5m and shipments jumped 39% to 342MW. The operating result improved from a loss of €4.2m to an operating profit of €4.5m. Net losses reached €2.2m compared to a net loss of €15.4m. Revenues in the first half year 2016 jumped 35.7% to €434.2m, of which 86.5% was generated abroad. The US-market contributed €226.6m (+29.2%) or 52.2% to total revenues. Total shipments increased 49.6% to 68
16 Aug 2016
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SolarWorld AG (0QJC:LON) | 0 0 0.0% | Mkt Cap: 9.38m
- Published:
16 Aug 2016 -
Author:
Heinz Steffen -
Pages:
2
Solarworld reported final Q2 16 results. Revenues increased 29.6% to €221.5m and shipments jumped 39% to 342MW. The operating result improved from a loss of €4.2m to an operating profit of €4.5m. Net losses reached €2.2m compared to a net loss of €15.4m. Revenues in the first half year 2016 jumped 35.7% to €434.2m, of which 86.5% was generated abroad. The US-market contributed €226.6m (+29.2%) or 52.2% to total revenues. Total shipments increased 49.6% to 68