Company Releases
The overview on this webpage contains all company releases on Phoenix Solar AG. It can be filtered according to ad-hoc releases or corporate news. For more announcements please go to "Press".
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| Jan 10, 2018 |
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Tim P. Ryan intends to resign from the Executive Board of Phoenix Solar AG
- Tim P. Ryan intends to resign from the Executive Board of Phoenix Solar AG
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| Dec 18, 2017 |
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Phoenix Solar Inc. to file for Chapter 7 insolvency proceedings
Phoenix Solar Inc. to file for Chapter 7 insolvency proceedings
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| Dec 13, 2017 |
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Phoenix Solar AG has filed for insolvency
- Phoenix Solar AG has filed for insolvency
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| Dec 8, 2017 |
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Phoenix Solar AG is forced to file for insolvency
- Reimbursement claims exceed financial capabilities
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| Nov 9, 2017 |
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Phoenix Solar AG presents its figures for the third quarter of 2017
- Group revenue (January through September 2017) at €63.5 million, EBIT: €-9.3 million
- Both the weighted global project pipeline at 608 MWp and the free order backlog at €225.3 million reach new record levels- sound basis for new growth in 2018
- Tenure of Group CEO Tim P. Ryan extended
- 2017 full year guidance lowered, however: sales revenue now expected in a range of €90 million and 110 million and EBIT in a range of €-10 million and €-8 million
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| Oct 30, 2017 |
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Tim P. Ryan confirmed as Phoenix Solar CEO
- Tim P. Ryan's tenure as Group CEO at Phoenix Solar extended for another year until December 31st, 2018
- Investments in the global sales team and process paying off - weighted project pipeline now at some 600 MWp and free order backlog at €225 million
- The Phoenix Solar Supervisory Board expresses confidence in growth potential for 2018
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| Oct 24, 2017 |
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Phoenix Solar AG below revenue and earnings forecast for 2017
- Market uncertainty in USA (201 trade case) and delays in project approvals lead to revenue shift
- Revenue froecast reduced as a consequence, between EUR90 million and EUR 110 million now expected for 2017
- Operating result (EBIT) for 2017 forecast in a range between EUR -10 million and EUR -8 million
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| Aug 10, 2017 |
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Phoenix Solar AG presents its figures for the first half of 2017
- Substantial order intake in July: weighted global project pipeline reaches more than 500 MWp
- Revenue for the first half year at €42.4 million
- Shipments increased slightly to 66 MWp vs. 63 MWp in H1/2016
- Gross margin stable at 10.4%; EBIT for the six months at €-7.0 million significantly lower than expected
- 2017 guidance lowered: sales revenue now expected in a range of €140 million and €170 million and EBIT in a range of €-2.0 million and €1.0 million
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| Aug 9, 2017 |
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Phoenix Solar AG below revenue and earnings forecast for 2017
- 2017 revenue forecast lowered: now expected to reach €140 million to €170 million due to delay of order intake
- Operating result (EBIT) will be in a range of between €-2.0 million and €1.0 million
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| Jul 27, 2017 |
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Phoenix Solar Awarded Contract for Photovoltaic Power Plant of 39.5 MWp in Australia
- First project in Australia, joint venture with WBHO
- Notice to proceed scheduled for August 2017
- Phoenix Solar's APAC region poised for continued growth in 2017 and beyond
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