PowerFilm says production delays will reduce full year sales, net income |
|
|
|
Published
:
Tue, 11 Dec 2007 08:44
|
LONDON (Thomson Financial) - Solar panel maker PowerFilm Inc said delays caused total production volume to be less than intended which will reduce sales to a minimum of 8 mln usd for the full year.The solar panels developer said the production delays will also result in next year's revenue being about 20-25 pct below expectations.Powerfilm said the reduction in sales will have a corresponding impact on this year's full year net income.The company added its growth plans are proceeding fundamentally as planned and it will meet planned production capacity by year-end.tfn.newsdesk@thomson.comndi/ukn/ejpCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
|
|
|
|
|
|
|
| Stock
Quotes * |
|
NASDAQ
|
|
2792.28 |
22.57 (
0.81 %)
|
| SYMBOL (
2012-01-19 ) |
| LAST |
CHANGE
|
|
CARNIVAL
(
11:35am )
|
|
2017.00 |
46.00 (
2.42 %)
|
|
WHITBREAD
(
11:35am )
|
|
1662.99 |
33.99 (
2.09 %)
|
| SYMBOL (
2012-01-19 )
|
| LAST |
CHANGE
|
|
IBM
(
12:34pm ) |
|
181.50 |
0.43 (
0.24 %)
|
| SYMBOL (
2012-01-19 )
|
| LAST |
CHANGE
|
|
|
Print this Story
Bavarian Nordic keeps FY pretax outlook; 9-months pretax loss widens 