PV and polysilicon manufacturing equipment specialist centrotherm photovoltaics has reported first half 2016 consolidated revenue of €61.9 million and an order intake for the period of €89.5 million.
centrotherm reported sales in its core Photovoltaics & Semiconductor segment of €42 million, up from €38.4 million in the prior year period. Segment total operating revenue increase by 27 % to €55.9 million. Earnings before interest and taxes (EBIT) were €1.1 million.
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Photovoltaics & Semiconductor segment new orders in the first half of 2016 stood at €85.4 million, compared to €29.5 million in the prior year period.
Total Group operating revenue was €75.9 million, down from €91.7 million in the prior year period. Group EBIT in the first half of 2016 stood at a negative €1.7 million Consolidated group earnings were negative €2.1 million.
The Group's order book had increased to €142.6 million, compared with €113.5 million at the end of 2015.
Revenues in the Silicon segment were €12.3 million following as completion of a polysilicon plant in Qatar neared completion.
Guidance
centrotherm Group full year revenue guidance remained unchanged at €120 million to €150 million. Overall, the company expects at least breakeven level for the year.