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Very challenging market conditions led to quarterly sequential reduction in both sales volumes and selling prices for REC Solar and REC Silicon
October 16, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Reference is made to Renewable Energy Corporation ASA (REC) third quarter results to be reported on Oct. 24, 2012. Subject to final review and quality assurance, preliminary consolidation of REC’s third quarter results indicate a result below analyst estimates. Very challenging market conditions led to quarterly sequential reduction in both sales volumes and selling prices for REC Solar and REC Silicon. Based on preliminary consolidation, REC expects to report, from continuing operation...
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