By .(JavaScript must be enabled to view this email address) - 14 March 2012, 12:17
In News, Power Generation, Inverters, Finance

AEG Power Solutions predicts revenue increase but profit decline for 2012

The company cites various economic factors as being behind this drop in profitability, including inverter pricing pressures. Image: AEG Power Solutions

AEG Power Solutions, part of parent company 3W Power, has updated its guidance for its financial performance for 2012. The company, which is currently the subject of a friendly takeover bid by Andrem Power, which is itself wholly owned by Nordic Capital Fund VII, expects its revenue to grow to between €430 and €460 million from €428 million in 2011. However, profitability margins are expected to fall as a result of economic factors.

AEG expects an EBITDA margin of between 9% and 11% compared to 12.4% in 2011. First-quarter 2012 revenue and profitability look likely to come in below first-quarter 2011 results.

The company cites various economic factors as being behind this drop in profitability, including challenges in obtaining project financing, inverter pricing pressures and FiT-related market fluctuations.

Publications

Photovoltaics International 19th Edition

For manufacturers who had their heads in the bunker during 2012, fighting falling ASPs and eroding margins, the nineteenth edition brings you details of what lies in store for this coming year. Wright Williams & Kelly return in this issue with their popular analysis of payback on technology buys; crucially they analyze n-type wafers, Al2O3 passivation and copper metallization. SERIS shows us how to achieve 18.7% efficiencies using low-cost etching techniques on diffused wafers. We also have two important technology roundups: CIGS from Helmholtz Berlin, and PV module encapsulation techniques from Fraunhofer ISE.

Manufacturing The Solar Future: The 2013 Production Annual

In the ever-changing global solar markets, cost reduction and measures to increase cell efficiencies are the key tools available to PV manufacturers to create new opportunities and drive your business to the next level. Manufacturing the Solar Future 2013 is the third in the Photovoltaics International PV Production Annual series, delivering the next instalment of in-depth technical manufacturing information on PV production processes designed to help you gain the competitive edge.

AEG Power Solutions predicts revenue increase but profit decline for 2012

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