Create a free Manufacturing.net account to continue

Q-Cells ups outlook as turnaround kicks in

FRANKFURT (Reuters) - Crisis-ridden Q-Cells, the world's No.4 solar cell maker, posted its first quarterly operating profit since early 2009 and raised its outlook as its restructuring efforts start bearing fruit.

FRANKFURT (Reuters) - Two of Germany's largest solar equipment companies lifted their 2010 sales outlooks because of a booming global market, even as they joined overseas peers in giving a cautious view of 2011.

Crisis-ridden Q-Cells, the world's No.4 solar cell maker, posted its first quarterly net profit since late 2008 and raised its outlook as its restructuring efforts start bearing fruit, while its main market, Germany, takes off this year.

SOURCE

More