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Last 102.00 NOK
Change Today 0.00 / 0.00%
Volume 320.8K
RECSOL On Other Exchanges
Symbol
Exchange
Munich
OTC US
As of 11:25 AM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

rec solar asa (RECSOL) Snapshot

Open
101.50 NOK
Previous Close
102.00 NOK
Day High
102.50 NOK
Day Low
101.50 NOK
52 Week High
06/10/14 - 108.00 NOK
52 Week Low
10/16/14 - 66.05 NOK
Market Cap
4.1B
Average Volume 10 Days
101.5K
EPS TTM
1.85 NOK
Shares Outstanding
40.0M
EX-Date
--
P/E TM
6.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for REC SOLAR ASA (RECSOL)

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rec solar asa (RECSOL) Details

REC Solar ASA manufactures solar wafers, cells, and panels in Singapore. The company produces and sells solar panels to distributors, project developers, and system integrators in the photovoltaic market in Asia, Europe, and the United States. It is also engaged in project development activities primarily in Europe; and development of solar power systems. The company was founded in 1996 and is headquartered in Singapore.

1,700 Employees
Last Reported Date: 02/25/15
Founded in 1996

rec solar asa (RECSOL) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

rec solar asa (RECSOL) Key Developments

REC Group and Sunrun Expands Supply Agreement

REC Group and Sunrun have expanded their supply agreement signed in August 2014. Under the terms of the deal, Sunrun will reportedly purchase 100 megawatts, or MW, of REC's Peak Energy solar panels, with deliveries scheduled throughout 2015. REC has signed 703 MW of long-term supply agreements for the residential, commercial, and utility segments in the US market since May 2014. REC is expanding its production capacity to 1.3 gigawatts at its state-of-the-art, vertically integrated Singapore manufacturing facility.

REC Solar ASA and Sunrun Expands Solar Panel Supply Agreement

REC Solar ASA and Sunrun has expanded their supply agreement signed in August 2014. Under the terms of the deal, Sunrun will purchase 100 megawatts (MW) of REC's high-quality, high-performing Peak Energy solar panels, with deliveries scheduled throughout 2015.

REC Solar ASA Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Capital Expenditure Guidance for the 2015; Provides Production Guidance for the First Quarter and Full Year 2015

REC Solar ASA announced unaudited consolidated earnings results for the fourth quarter ended December 31, 2014. For the quarter, the company reported revenues of $180.0 million EBITDA was $16.7 million. EBIT was $12.5 million. Profit before tax was $23.1 million. Profit attributable to owners of the company was $24.1 million. Basic and diluted share was $0.60. Net cash flow from operating activities was $38.5 million. Acquisition of property, plant and equipment and intangible assets was $26.0 million. For the year, the company reported revenues of $680.2 million EBITDA was $68.9 million. EBIT was $49.4 million. Profit before tax was $75.4 million. Profit attributable to owners of the company was $73.9 million. Basic and diluted share was $1.85. Net cash flow from operating activities was $52.5 million. Acquisition of property, plant and equipment and intangible assets was $51.8 million. For the 2015, the company capex expenditures are expected to be $50 million The company expects to produce 260 MW of solar panels in first quarter 2015 compared to 258 MW in fourth quarter 2014. For the year 2014, the company expects to produce in 2015 is expected to be 1200 MW while the capacity is 1300 MW at 2015 year end. REC expects to have a wafer capacity of 980 MW and cell capacity of 810 MW at the end of 2015.

 

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RECSOL Competitors

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Company Last Change
Andalay Solar Inc $0.01 USD +0.0005
Real Goods Solar Inc $0.27 USD -0.0046
SolarCity Corp $50.17 USD +0.09
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Industry Analysis

RECSOL

Industry Average

Valuation RECSOL Industry Range
Price/Earnings 6.9x
Price/Sales 0.8x
Price/Book 1.9x
Price/Cash Flow 5.5x
TEV/Sales 0.6x
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