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REC Silicon ASA (REC.OL)

REC.OL on Oslo Stock Exchange

1.26NOK
22 Feb 2017
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Thu, Feb 16 2017

BRIEF-REC Silicon Q4 revenues beat forecasts, costs down

* Rec Silicon Q4 revenues $80.4 million (Reuters poll $75.9 million)

BRIEF-REC Silicon's Q3 loss deepens after $79 mln impairment, to cut more costs

Nov 2 Rec Silicon, which produces polysilicon and silicon gas to the solar and electronics industries, said:

BRIEF-REC Silicon warns of Q3 revenues below expectation

* Due to ongoing negative effects from the trade war between the U.S. and China and the recent decline in PV market conditions, lower sales than previously anticipated have occurred in the third quarter

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