Solarworld Sees Sales Growth This Year Leading to Profit in 2015

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Solarworld AG expects higher sales this year and a return to operating profit in 2015 as Germany’s biggest solar-panel producer restructures its debt.

Solarworld sees module and kit shipments expanding at least 40 percent from last year’s 548 megawatts. It targets sales of 680 million euros ($935 million) and expects a loss before interest and taxes of 20 million to 35 million euros this year, the Bonn-based company said today in a statementBloomberg Terminal.