News Article
Phoenix Provides Guidance
Phoenix Solar AG announces its guidance for the financial year 2009 and gives an outlook until 2013
Phoenix Solar, a photovoltaic system integrator, has announced its guidance for the financial year 2009. The Board of Directors anticipates consolidated revenues of around EUR 520 million and a Group EBIT of approximately EUR 31 million. More than 35 percent of revenues are to be generated by international business.
In addition, the Board of Directors gave a long-term outlook of the development envisaged for the company up until the year 2013. Under this outlook, the Board of Directors then expects consolidated revenues of EUR 1.5 billion and a Group EBIT of EUR 100 million. Revenues generated by international business have been estimated at 65 percent.
In addition, the Board of Directors gave a long-term outlook of the development envisaged for the company up until the year 2013. Under this outlook, the Board of Directors then expects consolidated revenues of EUR 1.5 billion and a Group EBIT of EUR 100 million. Revenues generated by international business have been estimated at 65 percent.
