| Nov 10, 2016 |
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Phoenix Solar presents 3Q 2016 results
- Strong revenue growth; positive EBIT and net profit for the quarter
- EBIT for the nine months at -0.4 million Euro; further improvement in gross margin
- Proceeds from sale of Batisolaire power plant utilized to repay debt; net debt reduced to 21 million Euro
- Free order book position of more than 130 million Euro; weighted project pipeline grows to 286 MWp
- Dip in Q4: delay of projects into 2017; further revenue and earnings growth envisaged for next year
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| Nov 8, 2016 |
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Phoenix Solar AG below revenue and earnings forecast for 2016
- 2016 revenue forecast lowered by approx. 50 million Euro; now expected to reach 135 million Euro to 150 million Euro due to delay of two large projects
- Those revenues are now expected to come in in the course of the 2017 financial year rather than in the fourth quarter of 2016
- Operating result will be in a range of between 0.5 million Euro and 2 million Euro
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| Aug 4, 2016 |
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Phoenix Solar publishes results for 1H2016
- Strong revenue growth to €53.3.million, 34.1 percent growth vs. pre-year
- Operating breakeven in Q2, six months' EBIT at €-2.4 million, positive operating cash flow and improved gross margin
- Free order backlog more than €180 milion, weighted project pipeline at 235 MWp
- 2016 sales revenue and EBIT guidance maintained
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| Aug 3, 2016 |
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Phoenix Solar photovoltaic power plant in France sold to Obton A/S
- All conditions are met, closing concluded
- Proceeds mainly to be used for redemption of debts
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| Jul 25, 2016 |
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Phoenix Solar awarded EPC contract for 19.6 MWp photovoltaic single axis tracking plant in Texas (US)
- First photovoltaic system as part of hybrid wind/solar energy project
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| May 30, 2016 |
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Phoenix Solar to build 10.2 MWp. in Turkey
- First governmentally licensed photovoltaic power plant to be built in Turkey
- Joint project with strategic partner Asunim
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| May 11, 2016 |
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Phoenix Solar completes first, starts second photovoltaic power plant project in the Philippines
- Three industrial rooftops on one manufacturing plant and two
- Total capacity of more than 2.5 MWp shopping malls
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| May 4, 2016 |
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Phoenix Solar AG publishes 1Q 2016 results
- Group revenues double versus pre-year period, EBIT slightly improved, strong cash inflow
- Free order backlog was at €189 million
- Forecast for 2016 confirmed
- Sale of a non-core asset initiated
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| Apr 22, 2016 |
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Commitment to Quality and Sustainability
- Three companies within the Phoenic Solar Group obtain ISO 9001:2015 and ISO 14001:2015
- Joint management system ensures quality levels throughout the Group
- Upgrade to 2015 standards entails even more comprehensive approach to include stakeholder interest
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| Apr 18, 2016 |
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Phoenix Solar among Top 20 EPC worldwide
- Wiki-Solar's current global EPC ranking places Phoenix Solar at No.17 in terms of MWp capacity commissioned, and No.8 in terms of projects completed
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Phoenix Solar
