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Phoenix Solar AG announces financial year 2009 guidance and forecast until 2013

27 January 2009 | By Patricia Johnson | News > Market Watch

Phoenix SolarPhoenix Solar AG announced that it expects consolidated revenues of about €520 million and a Group EBIT of about €31 million for the 2009 financial year. The Board of Directors projects more than 35% of revenues to be produced by international business.

Up until the year 2013, the Board of Directors anticipates consolidated revenues of €1.5 billion and a Group EBIT of €100 million. International business is expected to generate 65% of revenues.

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