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Company Releases

The overview on this webpage contains all company releases on Phoenix Solar AG. It can be filtered according to ad-hoc releases or corporate news. For more announcements please go to "Press".

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Date Thumbnail Description Downloads
Jan 30, 2017 Phoenix Solar strengthens dialog with its shareholders
  • Letter on its way to shareholders
Jan 27, 2017 Phoenix Solar: Three Photovoltaic Projects Honored with Global Leading RES Awards
  • Photovoltaic pioneer Phoenix Solar continues to excel in leading edge engineering
  • First Mover Awards for PV power plants in Suadi-Arabia and Turkey
  • Largest Project award attributed to Munich Trade Fair rooftop system
Jan 25, 2017 Phoenix Solar awarded contract to build four commercial photovoltaic rooftops in the Philippines
  • Total capacity 3.04 MWp
  • Robinsons Land Corporation extends cooperation with Phoenix Solar after successful commissioning of initial projects
Dec 30, 2016 Dr. Murray Cameron's appointment as Executive Board Member expires after 13 years with the company
  • No further changes to the Executive Board. Tim P. Ryan continues as Group CEO and Manfred Hochleitner as Group CFO
Nov 15, 2016 Phoenix Solar awarded an EPC contract by Jordan Ahli Bank
  • Pioneering project in the Jordanian banking sector under the "Power Wheeling" regulation
Nov 10, 2016 Phoenix Solar presents 3Q 2016 results
  • Strong revenue growth; positive EBIT and net profit for the quarter
  • EBIT for the nine months at -0.4 million Euro; further improvement in gross margin
  • Proceeds from sale of Batisolaire power plant utilized to repay debt; net debt reduced to 21 million Euro
  • Free order book position of more than 130 million Euro; weighted project pipeline grows to 286 MWp
  • Dip in Q4: delay of projects into 2017; further revenue and earnings growth envisaged for next year
Nov 8, 2016 Phoenix Solar AG below revenue and earnings forecast for 2016
  • 2016 revenue forecast lowered by approx. 50 million Euro; now expected to reach 135 million Euro to 150 million Euro due to delay of two large projects
  • Those revenues are now expected to come in in the course of the 2017 financial year rather than in the fourth quarter of 2016
  • Operating result will be in a range of between 0.5 million Euro and 2 million Euro
Aug 4, 2016 Phoenix Solar publishes results for 1H2016
  • Strong revenue growth to €53.3.million, 34.1 percent growth vs. pre-year
  • Operating breakeven in Q2, six months' EBIT at €-2.4 million, positive operating cash    flow and improved gross margin
  • Free order backlog more than €180 milion, weighted project pipeline at 235 MWp
  • 2016 sales revenue and EBIT guidance maintained
Aug 3, 2016 Phoenix Solar photovoltaic power plant in France sold to Obton A/S
  • All conditions are met, closing concluded
  • Proceeds mainly to be used for redemption of debts
Jul 25, 2016 Phoenix Solar awarded EPC contract for 19.6 MWp photovoltaic single axis tracking plant in Texas (US)
  • First photovoltaic system as part of hybrid wind/solar energy project

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