Centrosolar doubles its profit margins

Germany-based Centrosolar Group AG has announced its profit predictions have almost doubled from between €14 – €16 million to between €24 – €28 million. The company also expects to see a total revenue of around €370 million this year, which is above the company’s original expectations.

The company attributes this increase to its “strong international position” and to its “close sales networks in Germany, France, Italy, Spain and the U.S., among others.

Written by

Comments