The German equipment provider has posted positive numbers for the first quarter of this year. The company also reports high interest for its new PV production machinery.
Q1 sales increased by 37% compared to a year earlier. The company also posted a positive Ebit for the first time in five years.
German PV equipment providers were able to increase their sales by 20% in the past year. Demand for solar production equipment, however, is slowing.
The U.S. supplier of automation systems for the PV industry also saw order intake and quarter-end backlog increase in the latest quarter. All of the company’s segments contributed to the turnover growth registered in this period.
German laser specialist LPKF has made a good start to 2017, with especially strong performance from its solar equipment segment, which saw a revenue increase by 71% compared with the same period for the previous year.
The German equipment provider reports an operating profit of €20 million for the first quarter of this year.
The German PV equipment provider will partner with Shanghai Electric Group and Shenhua Group to further develop the CIGS technology. NICE PV Research has already started R&D activities.
The Japanese equipment provider reported a profit of JPY 151 million ($1.3 million) for the first half of the current fiscal year. Revenue grew 231.3% year-on-year to JPY 2,227 million ($20.0 million).
Although the CIGS equipment manufacturer reported a negative Ebit of €35.9 million, this was improved considerably from the previous year. In 2017, the company aims to increase turnover significantily and to be back in the black.
The German PV equipment manufacturer saw its order intake grow by 55% to €141.8 million (US$152.3 million) last year. The solar division was able to increase its turnover by 31%.
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