Flexible Electronics News

Midsummer 2018 Year-End Report Shows Continued Strong Growth

Revenues in 2018 are a 90% increase from 2017, while operating profit is up 43% from 2017.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Midsummer AB, one of the world’s leading developers and suppliers of advanced solar solutions, announced its year-end report for 2018. In that year, Midsummer had revenues of MSEK 218 ($23.7 million) and an operating profit of MSEK 36 ($3.9 million). The order book stood at MSEK 265 ($29 million) on Dec. 31, 2018.   Midsummer’s revenues in 2018 amounted to MSEK 218, which is a 90% increase from 2017 when revenues were MSEK 115. The operating profit 2018 of MSEK 36 is an increase of approximately...

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