SolarWorld AG reported consolidated earnings results for the year ended December 31, 2016. For the period, the company has posted revenue rose by 5% to EUR 803 million against EUR 763 million a year ago. LBITDA was EUR 26 million against EBITDA of EUR 41 million. Preliminary LBIT amounted to EUR 99 million against EUR 4 million a year ago.

For the year 2017, the company expects EBIT to rise compared with 2016, although it will still be negative. 2017 shipments are expected to grow and consolidated revenue should lie at approximately previous year's level.