PV Crystalox Solar mulls cash return to shareholders as operations wind down
21st Mar 2019 15:01
(Sharecast News) - Photovoltaic supplier PV Crystalox Solar reported a significant drop in revenues in its final results on Thursday, to €6.3m, compared to €26.4m in 2017.
Read morePV Crystalox Solar concludes settlement agreement with long-disputing customer
17th Aug 2018 09:47
(Sharecast News) - PV Crystalox Solar has concluded an agreement with a customer in settlement of all claims and obligations under the wafer supply contract and arbitration award as previously outlined on 8 November last year, it announced on Friday.
Read morePV Crystalox swings to loss as costs rise
21st Aug 2014 12:14
Higher material and services costs, together with adverse currency conversion, offset a modest rise in half-year revenue at PV Crystalox. As such, the group, which supplies multicrystalline silicon wafers, posted a loss of €6.94m, compared to profit of €1.34m in the same period a year earlier. Basi
Read morePV Crystalox Solar reports rise in annual revenue
20th Mar 2014 13:50
PV Crystalox Solar reported a rise in annual revenue on demand for its photovoltaic silicon wafers, used in solar panels. The group achieved revenue of €71.4m in the year ended December 31st 2013, up from €46.3m the previous year. Wafer shipments and the trading of surplus polysilicon were 54% hig
Read morePV Crystalox Solar CFO to retire on May 31st
20th Mar 2014 09:43
Silicon materials group Crystalox Solar has announced its Chief Financial Officer of seven years, Dr. Peter Finnegan, will step down from his post and from the board on May 31st 2014. He is to be replaced by Group Secretary Matthew Wethey. Dr. Finnegan will make himself available to the company to
Read moreSunday share tips: Tesco, Next, Ideagen
17th Mar 2014 07:01
Sell shares of Tesco, the Sunday Telegraph's Questor column advised. Britain's biggest retailer's market share is large at 28.7% but it is falling. Tesco has not yet cut prices in its attempts to revive its fortunes. WM Morrison has promised to cut prices and Tesco could follow but, along with plann
Read morePV Crystalox Solar to return cash to shareholders
19th Nov 2012 08:48
PV Crystalox Solar saw shares rise strongly on Monday morning following news that is to return some of its cash pile to shareholders. In an interim management statement, the manufacturer of components for solar power cells, announced: "The group has a strong net cash balance and the board is contin
Read moreDark ages continue for PV Crystalox
16th Aug 2012 08:48
Cash conservation remains the name of the game at solar power systems component maker PV Crystalox Solar, dashing the hopes of those shareholders hoping the company would distribute some of its cash pile. At the end of June the company was sitting on €122.4m of cash, up from €22.6m at the end of 20
Read moreThursday preview: Hikma, PV Crystalox, retail sales
15th Aug 2012 17:57
Acquisitions are set to put a gloss on the interim results of pharmaceuticals firm Hikma on Thursday. Peel Hunt is expecting the group to report sales of more than $500m, up 25% on the first half of last year when, admittedly, results had been negatively affected by the so-called Arab Spring. Sale
Read moreSunday share tips: Genel, Barclays, Crystalox
12th Aug 2012 16:01
Genel, the oil investment vehicle headed by Tony Hayward, the former chief executive of BP, has been unloved by the stock market. Genel had 1.8bn dollars (1.15bn pounds) of cash when it gave its last trading update. Last week it spent 240m dollars buying an additional 21 per cent interest in a Kurdi
Read moreLondon close: Footsie battered again
18th May 2012 16:53
Footsie finished not far off its low for the day after a lunch-time rally fizzled out. With speculation rife in Spain that a ban on short-selling stocks might be reintroduced, holders of stock in UK banks Lloyds, Royal Bank of Scotland and Barclays could be forgiven that might not be such a bad id
Read morePV Crystalox Solar soars on cash settlement
18th May 2012 13:18
Shares in PV Crystalox Solar, a solar wafers supplier, rocketed after the firm reached a cash settlement relating to a terminated wafer supply contract that exceeded its market cap. The €90m sum will be recognised as income for the first half of 2012 by the company, which has seen its market capit
Read moreCrystalox Solar sees tough 2012 ahead
28th Mar 2012 10:34
Solar wafers supplier PV Crystalox Solar warned of tough times ahead but said it remained committed to the solar industry after experiencing a difficult 2011. The company blames its woes on a dramatic increase in worldwide production capacity in the photo voltaic (PV) industry, driven by companies
Read moreSector movers: Commodity prices drop, miners unwanted
22nd Sep 2011 14:30
Mining stocks led the sell-off on Thursday as the US Federal Reserve yesterday painted a gloomy picture of the state of the US economy, dampening sentiment across global stock markets. "Information received since the Federal Open Market Committee met in August indicates that economic growth remains
Read moreFriday tips round-up: Savills, Soco, Sage...
19th Aug 2011 06:47
The last time we looked at the Savills, we opted to buy, reasoning that its international reach, coupled with exposure to the resilient upper end of the UK market, gave it an edge. Yesterday's half-yearly results confirmed our confidence. The group said revenues in the six months to the end of June
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