Conergy Discloses Loss Amounting to Half of Its Share Capital
This article is for subscribers only.
Conergy AG, a German solar-module maker, said it had a loss of about 190 million euros ($253 million) amounting "to half the share capital" after the implementation of debt-relief measures.
The shares fell as much as 12 percent to the lowest since Nov. 30. The Hamburg-based company, which makes modules as well as solar inverters and mounting systems, will call an extraordinary general meeting, it said today in a statement.