Revenues declined only 3% to US$78m in Q4 17 EBITDA margin increased from 6.1% to 13.2% but EBIT losses continued Higher Silicon gas sales and higher prices for solar grade polysilicon mainly contributed to the margin increase Net losses of US$153.1m, driven by the write-down on deferred tax assets of US$147.2m Going concern at risk due to debt maturities in the current year Additional capital of US$100m required
09 Feb 2018
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Liquidity at risk!
REC Silicon ASA (0FS8:LON) | 0 0 0.0% | Mkt Cap: 1,187m
- Published:
09 Feb 2018 -
Author:
Heinz Steffen -
Pages:
3
Revenues declined only 3% to US$78m in Q4 17 EBITDA margin increased from 6.1% to 13.2% but EBIT losses continued Higher Silicon gas sales and higher prices for solar grade polysilicon mainly contributed to the margin increase Net losses of US$153.1m, driven by the write-down on deferred tax assets of US$147.2m Going concern at risk due to debt maturities in the current year Additional capital of US$100m required