Manz has recorded growing solar bookings to kick off 2015, although its overall performance for Q1 remains below that of 2014. Revenues of €54 million ($60.8 million) were booked, resulting in a €6.4 million ($7.2 million) EBITDA loss. This represents a year-on-year (Y/Y) decrease in revenue of €200,000 ($225,000) and increasing losses by some €6.2 million ($7 million) for the quarter. Manz has attributed the declining revenues to orders being delayed towards the end of 2014 and the increased Y/Y loss to expenses resultant from its Manz Italy acquisition and integration. Manz acquired Kemet Electronic Italy in April 2014, bringing in house Kemet's battery production expertise. Kemet has been renamed Manz Italy. On the positive side of the Q1 results, Manz has recorded growing ...Den vollständigen Artikel lesen ...