Phoenix Solar AG Announces Consolidated Earnings Results for the First Half Year and Revenues Results for the Second Quarter of Fiscal 2017; Revises Earnings Guidance for the Full Year 2017
For the quarter, the company generated revenues of EUR 28.5 million against EUR 43.4 million a year ago.
For the full year 2017, the Executive Board of the company lowered its 2017 forecast and now expects revenues in the range of EUR 140 million to EUR 170 million (previously: EUR 160 million to EUR 190 million) and an EBIT in a range between loss of EUR 2.0 million to profit of EUR 1.0 million (previously: EUR 1.0 million to EUR 3.0 million).