- Full year forecast of €140-160 Mio million sales revenues confirmed, with positive EBIT
- Benefits of restructuring and lower cost base have increased competitiveness
- With continued strong growth in the global solar industry in 2015 to over 50 GWp (est.), demand for experienced, international EPC partners such as Phoenix Solar remains healthy
Sulzemoos, 23 June 2015 / Tim P. Ryan, Group CEO at Phoenix Solar AG (ISIN DE000A0BVU93), an international photovoltaic system integrator listed in the Prime Standard of the Frankfurt Stock Exchange, laid out a Six Point Plan for 2015 and beyond to consolidate the Company’s turnaround at the Company’s Annual Shareholders’ Meeting today.
At the core of the plan is the return to profitable growth. The Company continues to make a strong push towards consolidating its turnaround and closing projects profitably in 2015. The full year forecast of revenues at €140 – 160 million was confirmed, with positive EBIT in the low single digits. An improved global sales process, pipeline management and reporting will support the drive for growth.
