The company reported final Q3 15 results. Revenues jumped 17.1% to €211.8m and EBIT losses increased from €4.3m to €6.1m. Net losses also increased from €8.7m to €13.4m. Revenues in Germany jumped 72.5% to €54m but declined 72.8% to €9.4m as expected due to the ongoing trade conflict. Revenues in the US jumped 34.5% to €96.7m. The US market is still the strongest market and contributed 45.7% to total revenues. The contribution from Asia however declined
19 Nov 2015
Running at full speed but still losing money
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Running at full speed but still losing money
SolarWorld AG (0QJC:LON) | 0 0 0.0% | Mkt Cap: 9.38m
- Published:
19 Nov 2015 -
Author:
Heinz Steffen -
Pages:
2
The company reported final Q3 15 results. Revenues jumped 17.1% to €211.8m and EBIT losses increased from €4.3m to €6.1m. Net losses also increased from €8.7m to €13.4m. Revenues in Germany jumped 72.5% to €54m but declined 72.8% to €9.4m as expected due to the ongoing trade conflict. Revenues in the US jumped 34.5% to €96.7m. The US market is still the strongest market and contributed 45.7% to total revenues. The contribution from Asia however declined