HOME > News

SolarWorld AG Releases Financial Results for First Nine Months of 2015

published: 2015-11-16 15:30

In its group interim report released today, SolarWorld AG shows a good development of its business in the first three quarters of 2015 and confirms its preliminary figures. In the first nine months of 2015, SolarWorld achieved strong growth of groupwide shipments (25% increased to 784MW) and of group revenue (30% increased to € 532 million). For the full year of 2015, SolarWorld expects to exceed its shipment forecast of 1GW and forecast of group revenue of € 700 million.

For September 2015, SolarWorld achieved positive operating earnings before interest and taxes (EBIT without one-off effects) on a groupwide level for the first time again. SolarWorld is aiming to reach positive EBIT in the fourth quarter of 2015, too. In the first three quarters 2015, EBIT improved to € –18 (Q1-Q3 2014, adjusted for one-off effects: –29) million. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose to € 15 (Q1-Q3 2014, adjusted for one-off effects: 1.5) million.

announcements add announcements     mail print
Share
Recommend

US energy storage five-year market outlook

published: 2024-03-28 17:24  |  tags: