Reports
Here you will find our annual and interim reports for download, the online version of the yearly financial reports as well as other relevant documents and links.
Annual Report 2011
Consolidation
Photovoltaics is a growth market – and is set to remain so in the future. The general framework conditions, however, deteriorated considerably in 2011. Indeed, the global solar industry is faced with huge challenges. Phoenix Solar AG was also unable to decouple from this development. We have learnt important lessons from our negative revenue and earnings situation and were forced to make painful changes: the Group has acted with determination, optimised its internal workflows and subjected its business model to rigorous examination with the aim of aligning the company to the changed conditions in the market and making it fit for the future.