Phoenix Solar's turnaround is continuing its positive trajectory. Following a year of soaring revenues - and despite having to cut its 2015 profit target - the German solar PV company's fortunes are increasingly attractive, following some tough times between 2010 and 2013, which saw a significant cull of its global workforce and major restructuring. Consolidated net result improved from €-4 million a year ago, to €147,000 this Q3, thus bringing the total to €-6.4 million in the first nine months of the year, an improvement on the €10.3 million lost in the same period in 2014. Revenues of €42.4 million were achieved this Q3, up significantly from the €5.5 million seen last year. Of this, Phoenix Solar's power plants segment comprised €42.3 million (up €39.1 million on Q3 2014, due to the commencement of construction on several U.S. projects). Representing a decline of nearly 100%, the group's revenues in ...Den vollständigen Artikel lesen ...