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.
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