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solarworld ag (SRWRF) Snapshot

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10/23/13 - $196.50
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01/27/14 - $0.51
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solarworld ag (SRWRF) Details

SolarWorld Aktiengesellschaft produces and sells solar modules and complete solar power solutions for on-grid and off-grid applications worldwide. The company operates through Production Germany, Production U.S., and Trade segments. It offers Sunmodule Plus and Sunmodule Plus black solar modules; Sunmodule Protect solar panels; Sunmodule Plus SW 200 Vario poly modules; and Sunmodule Off-Grid solar modules. The company also provides SolarWorld Kits for roof installations; SolarWorld Kit easy, which comprises components required for constructing and operating a solar power system; Sundeck, a roof-integrated solution suitable for pitched roofs; and SunCarport, a solar roof for protection of cars from weather conditions. In addition, it offers mounting systems comprising Sunfix Plus, a support structure for pitched and flat roofs, as well as for ground-mounted installations; Sunfix aero, a flat roof system; and Suntub, a mounting system. Further, the company provides accessories, including SunPac 2.0, a battery system for homemade power; Suntrol, an output monitoring system that monitors the system data online; Suntool, a design software for architects, installers, planners, and wholesale traders; Sunpass, which helps in documentation of data on solar arrays; inverters; and SunCharger that is a power supply, replacement battery, and solar charger. Additionally, it offers investors development and operation services for large-scale solar power plants. The company sells its products through a distribution network to private and commercial end customers. SolarWorld Aktiengesellschaft was founded in 1988 and is headquartered in Bonn, Germany.

2,730 Employees
Last Reported Date: 08/14/14
Founded in 1988

solarworld ag (SRWRF) Top Compensated Officers

Founder, Chairman of Management Board and Chi...
Total Annual Compensation: €240.0K
Chief Financial Officer and Member of Managem...
Total Annual Compensation: €305.5K
Chief Information, Brand & Personnel Officer ...
Total Annual Compensation: €240.0K
Chief Sales Officer and Member of Management ...
Total Annual Compensation: €294.8K
Compensation as of Fiscal Year 2013.

solarworld ag (SRWRF) Key Developments

SolarWorld AG Presents at Macquarie's Seventh Alternative Energy Conference, Sep-25-2014

SolarWorld AG Presents at Macquarie's Seventh Alternative Energy Conference, Sep-25-2014 . Venue: Macquarie London Office, Macquarie Conference Suite, Conference Room 2, Level 11, 28 Ropemaker Street, London EC2Y 9HD, United Kingdom. Speakers: Philipp Koecke, Chief Financial Officer and Member of Management Board.

SolarWorld AG Reports Consolidated Earnings Results for the First Half of 2014; Provides Earnings Guidance for the Year 2014 and 2015

SolarWorld AG reported consolidated earnings results for the first half of 2014. For the period, company reported consolidated revenue, which rose by 13% to EUR 228 million against EUR 201 million a year ago.EBITDA improved in the first half of 2014 to EUR 101 million. This result included a one-time, non-cash impairment of EUR 36 million, which resulted from the agreement with a raw-material supplier, as well as one-offs from financial restructuring and initial consolidation of assets taken over from Bosch Solar Energy AG. Adjusted for these one-offs mentioned above, EBITDA rose to EUR 1 million against LBITDA of EUR 37 million a year ago. Consolidated EBIT increased to EUR 81 million against LBIT of 59 million a year ago. Adjusted LBIT was EUR 19 million. SolarWorld AG will exceed its shipment target for 2014, the company probably will not reach its revenue target of more than EUR 680 million in light of the shift in product mix and price reductions in the solar market. For 2014, SolarWorld AG expects a positive EBITDA adjusted and the recognized impairment losses including all SolarWorld expects a positive consolidated result for the year in a three digit million euro amount. For 2015, SolarWorld AG confirms its forecast that it will be able to achieve a positive operating result.

SolarWorld AG, H1 2014 Earnings Call, Aug 14, 2014

SolarWorld AG, H1 2014 Earnings Call, Aug 14, 2014


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SRWRF Competitors

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Company Last Change
ABCO Energy Inc $0.65 USD 0.00
Comtec Solar Systems Group Ltd $1.32 HKD +0.01
Motech Industries Inc 36.75 TWD +0.05
Real Goods Solar Inc $1.19 USD 0.00
Solon SE €0.02 EUR +0.001
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