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SolarWorld AG (SWVKk.DE)

SWVKk.DE on Xetra

5.20EUR
29 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Solarworld Q2 2016 revenue up at 222 million euros
Friday, 29 Jul 2016 02:47am EDT 

Solarworld AG : EBIT improved to 6.6 million euros ($7.31 million) (Q2 2015: -4.2 million euros) in Q2 2016. In H1 2016, Solarworld AG managed to improve EBIT to -3.1 million euros (H1 2015: -12.2 million euros) . In Q2 2016, consolidated revenue rose to 222 million euros(Q2 2015: 171 million euros) . At cut-off date June 30, 2016, group had liquid funds of 148 million euros (March 31, 2016: 183 million euros) . Still expects to be able to raise its shipments by more than 20 percent in 2016, compared with previous year (2015: 1,159 megawatts) . Consolidated revenue should also increase by more than 20 percent, compared with previous year (2015: 763 million euros). Solarworld is striving to reach up to 1 billion euros of revenue in 2016 .Will reach EBIT in a range between -10 million and +10 million euros for full year 2016.  Full Article

SolarWorld: single judge grants claim for damages in the first instance
Wednesday, 27 Jul 2016 02:58am EDT 

SolarWorld AG : Single judge grants claim for damages in the first instance. SolarWorld Industries Sachsen GmbH will appeal against judgment and sees no enforcement possibility in Germany . SolarWorld Industries Sachsen GmbH will appeal against this judgment of first instance at intermediate court of appeals in United States . Inspite of this judgment in first instance, SolarWorld AG continues to assume that Hemlock will not be able to enforce any claims in Germany .Expects a duration of proceedings in second instance of about one year.  Full Article

SolarWorld: motion for summary judgment granted in the first instance
Thursday, 14 Jul 2016 05:44am EDT 

SolarWorld AG :Motion for summary judgment granted in the first instance, in the litigation between silicon supplier Hemlock Semiconductor Corp. and SolarWorld Industries Sachsen GmbH, a subsidiary of SolarWorld AG,.  Full Article

E.ON CEO confirms company will not exclude capital measures
Wednesday, 8 Jun 2016 09:12am EDT 

E.On : CEO confirms that the company will not exclude capital measures . Says not interested in buying solarworld . CEO says ipo of turkish participation enerjisa is still an option, there is no timeline . CEO says does not expect to restart block 3 of russian berezovskaya before end 2017 Further company coverage: [EONGn.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Solarworld CEO sees good prospects for further growth, profitable development
Tuesday, 7 Jun 2016 10:39am EDT 

Solarworld AG : Says shareholders approve of actions of management board and supervisory board with large majorities .CEO says good prospects for further growth, profitable development of company.  Full Article

Solarworld Q1 group revenue up more than 40 pct
Thursday, 12 May 2016 02:28am EDT 

Solarworld AG : In first three months of 2016, group increased its revenue by more than 40 percent . Over course of 2016, Solarworld wants to further benefit from strong demand and continues to invest in technological upgrades and expansion of its production capacities .On track to reach goals for fiscal year 2016.  Full Article

Solarworld comments on FY 2016 outlook
Monday, 2 May 2016 02:29am EDT 

Solarworld AG:Is striving to reach up to 1 billion euros of revenue in FY 2016.For whole FY 2016, expects to reach a positive EBIT in lower double-digit million range.Sees FY 2016 consolidated revenue to rise in line with shipments by more than 20 percent (2015: 763 million euros).FY 2016 revenue estimate 932.50 million euros - Thomson Reuters I/B/E/S.  Full Article

Solarworld comments on FY 2016 outlook
Thursday, 17 Mar 2016 03:00am EDT 

Solarworld AG:Earnings before interest, taxes, depreciation and amortization (EBITDA) will increase significantly in FY 2016​ (2015: 41 million euros).‍Earnings before interest and taxes (EBIT) should be positive in FY 2016​ ‍(2015: -4 million euros).Expects its EBIT to be in lower double digit million range in FY 2016​.FY 2016 EBITDA estimate 79.38 million euros - Thomson Reuters I/B/E/S.  Full Article

Solarworld AG comments on FY 2016 outlook
Monday, 1 Feb 2016 02:32am EST 

Solarworld AG:Will raise consolidated revenue in line with shipments by more than 20 percent and strives to reach up to one billion euros of revenue in FY 2016​.‍Plans to increase its shipments and consolidated revenue by more than 20 percent in FY 2016 and to reach positive EBIT in a two-digit million amount.FY 2016 EBIT estimate 32.00 million euros - Thomson Reuters I/B/E/S.  Full Article

Solarworld comments on FY 2015 forecast
Friday, 13 Nov 2015 02:50am EST 

Solarworld AG:Expects to exceed its FY 2015 shipment forecast of one gigawatt and forecast of group revenue of 700 million euros.FY 2015 revenue estimate 752.67 million euros - Thomson Reuters I/B/E/S.  Full Article

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