In Q3 15, revenues declined 30.8% to US$87.5m and EBITDA turned from US$44.9m to a loss of US$14.1m. The EBITDA margin dropped from 35% to -16%. Polysilicon production dropped nearly 30% to 3,580MT. Cash costs per kg however increased 31.4% to US$13.8 per kg. The weak operating performance was mainly influenced by the curtailment of production capacity at the Moses Lake production plant. Total polysilicon sales volume increased 15.6% to 4,512MT. Average solar grade prices declined 13% compare

04 Nov 2015
Keep going!

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Keep going!
REC Silicon ASA (0FS8:LON) | 282 0 0.0% | Mkt Cap: 1,187m
- Published:
04 Nov 2015 -
Author:
Heinz Steffen -
Pages:
2 -
In Q3 15, revenues declined 30.8% to US$87.5m and EBITDA turned from US$44.9m to a loss of US$14.1m. The EBITDA margin dropped from 35% to -16%. Polysilicon production dropped nearly 30% to 3,580MT. Cash costs per kg however increased 31.4% to US$13.8 per kg. The weak operating performance was mainly influenced by the curtailment of production capacity at the Moses Lake production plant. Total polysilicon sales volume increased 15.6% to 4,512MT. Average solar grade prices declined 13% compare