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July 29, 2015 8:29 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of Centrosolar Group AG

Company Overview

CENTROSOLAR Group AG, through its subsidiaries, manufactures photovoltaic (PV) systems for roofs and related components worldwide. The company operates through two segments, Solar Integrated Systems and Solar Key Components. The Solar Integrated Systems segment provides PV modules and integrated solar systems for smaller roof installations that are sold to wholesalers and solar engineers. It also supplies large-scale turnkey systems for industrial roofs. The Solar Key Components segment develops, manufactures, and sells solar glass for photovoltaic solar modules and thermal collectors; and develops and sells mounting systems for photovoltaic solar systems. This segment serves solar engineers...

Walter-Gropius-Strasse 15

Munich,  80807

Germany

Founded in 2005

680 Employees

Phone:

49 89 201 80 0

Fax:

49 89 201 80 555

Key Executives for Centrosolar Group AG

Centrosolar Group AG does not have any Key Executives recorded.

Centrosolar Group AG Key Developments

Centrosolar Group AG Reports Earnings Results for the Third Quarter and Nine Months of 2013

Centrosolar Group AG reported earnings results for the third quarter and nine months of 2013. For the quarter, the company achieved revenue of EUR 27.5 million. This figure was 40% down on the corresponding figure of EUR 46.1 million for the previous year. LBITDA came to EUR 4.4 million compared to EUR 3.1 million reported a year ago. For the first nine months, the company achieved a provisional revenue total of EUR 85.0 million compared to EUR 145.0 million reported a year ago. In line with the weaker revenue, the result too fell short of expectations. LBITDA was EUR 18.2 million compared to EUR 7.0 million reported a year ago.

Centrosolar Group AG Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2013; Revises Revenue Guidance for the Full Year 2013

Centrosolar Group AG reported earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported revenue for the second quarter was down to EUR 33.0 million, a decrease of 38.7% on the prior-year quarter's EUR 53.8 million. LBITDA came to EUR 4.2 million compared to EUR 1.2 million a year ago. First-half revenue came to EUR 57.5 million, compared with EUR 99.0 million for the first half of 2012. The biggest factor at work in this fall was the deterioration in solar module prices. Those prices had already fallen in the second half of 2012. Within the course of the first half of 2013 selling prices stabilized. LBITDA was EUR 13.8 million compared to EUR 3.9 million in the prior-year period. The company revised revenue guidance for the full year 2013. The forecast bandwidth for revenue for the whole of 2013 is being broadened from previously EUR 135 million to EUR 150 million to EUR 125 million to EUR 150 million.

Centrosolar Group AG, H1 2013 Earnings Call, Aug 30, 2013

Centrosolar Group AG, H1 2013 Earnings Call, Aug 30, 2013

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