SpectraWatt, a solar cell manufacturer and customer of Roth & Rau, has said it will likely have to discontinue trading in the first half of next year due to economic reasons. Consequently, Roth & Rau says it will be unable to meet the level of sales and earnings it had previously forecast for the 2010 financial year as a whole.
Back in November, the company said that in terms of the 2010 business year, it expected an EBIT of approximately 9 million to 9.5 million, while its sales were forecast to hit 285 million. However, in light of this new development, it has said that the Management Board will publish an adjusted forecast following further analysis.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
Becky Beetz
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.