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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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Aug 10, 2017 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
Aug 9, 2017 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
Jul 27, 2017 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
Jun 20, 2017 Phoenix Solar presents strong project pipeline
  • Weighted global project pipeline increases markedly to 444 MWp
  • Growth primarily driven by the US market
  • Oliver Gosemann und Hans-Gerd Füchtenkort re-elected as Members of the Supervisory Board - Oliver Gosemann continues as Chairman
May 11, 2017 Phoenix Solar AG announces Q1/2017 results
  • Group revenues increase by 40 percent versus pre-year period, EBIT below expectations, strong cash inflow
  • Free order backlog increases to €60.6 million
  • Forecast for 2017 confirmed with revenue growth to €160-€190 million and positive EBIT of €1-€3 million
Mar 31, 2017 Phoenix Solar Presents Growth and a Return to Operating Profit for the Financial Year 2016
  • Consolidated 2016 revenues increase 17%
  • Positive EBIT result for the first time in several years
  • Excellent gross margin driven by supply chain efforts, despite market price declines
  • Further strong revenue and earnings growth expected for 2017
Mar 21, 2017 Mark Argar appointed new Senior Vice President in Phoenix Solar Asia/Pacific business region
  • Mark Argar joins Phoenix Solar from Bechtel
Mar 21, 2017 Phoenix Solar regains full control over Asia/Pacific operations
  • Underscores strong commitment to Asia/Pacific region
  • Continued growth expected for 2017 and beyond
  • Focus on core markets Singapore, Philippines, Malaysia, Thailand, Australia
Mar 20, 2017 Phoenix Solar to build 11.2 MWp power plant for Akfen
  • Akfen intensifies its cooperation with Phoenix Solar with second utility-scale project
  • Phoenix Solar stengthens leadership position, establishes subsidiary in Turkey
Feb 21, 2017 Phoenix Solar pumps renewable energy into IKEA store
  • 1 MWp solar rooftop system for IKEA Tampines in Singapore
  • Non-exclusive regional framework agreement between Phoenix Solar and IKEA Southeast Asia

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