Flexible Electronics News

Midsummer Reports Record Financial Year

Swedish solar energy technology provider nearly doubles revenue, more than doubles profits.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Midsummer announced its financial results for 2017. Revenues nearly doubled and profits more than doubled, due to several new orders for the company’s DUO thin film solar cell manufacturing system and a successful launch of Midsummer’s new BIPV concept.   For Midsummer, 2016 was a record year, during which revenues and profits doubled compared to 2015. After closing its annual accounts for the 2017 financial year, revenues for 2017 increased by 94% compared with 2016, up from SEK 59 million to...

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