Phoenix 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.