Uncertain margin outlook
Ardour Solar Index: 2Q11 results were weak due to extreme pricing pressure. Now pricing begins to stabilize, but margin expectations must be reset.
The Ardour Solar Index was down another 13 percent in July, as pricing pressure and margin compression impacted 2Q11 results. Throughout the month, solar companies across the value chain continued the parade of negative 2Q11 pre-announcements. Most of these preliminary announcements were due to weaker than expected margins on extreme pricing pressure. Some companies have …
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