Flexible Electronics News

REC Solar ASA Reports 4Q 2013 Results

Revenues are $182.4 million, up 17 percent from Q3 2013

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By: DAVID SAVASTANO

Editor, Ink World Magazine

REC Solar ASA was listed on Oslo Børs Oct. 25, 2013, the same day that it acquired the solar entities previously owned by REC Silicon ASA. Therefore, as of Dec. 31, 2013, the company has a financial history of only two months. In order to provide better understanding of the company’s trading performance, consolidated re-presented results based on the full Q4 2013 have been prepared. Key highlights (based on re-presented figures) included revenues of US$182.4 million, up 17% from Q3 2013, and ...

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