Phoenix Solar
Line
- Bernd Köhler CEO
- J. Michael Fischl Chairman
Phoenix Solar AG, based in Sulzemoos near Munich, is a leading international photovoltaic system integrator. The company develops, plans, builds and takes over the operational management of large-scale photovoltaic plants and is a specialist wholesaler for solar power plants, solar modules and accessories. Leading the group is in a photovoltaic system technology. The focus is according to own data on the consistent lowering of system costs.
History
Phoenix Solar AG emerged from the 1994 founded Phönix Solar Initiative of the Association of Energy Consumers Association, was founded on 18 November 1999 and registered on 7 January 2000 in the commercial register. At the AGM on 25 May 2007, the shareholders approved the change of name from "Phoenix Solar Power AG" to " Phoenix Solar AG ." Phoenix Solar AG has its headquarters in Sulzemoos near Dachau and sales offices in Germany. Subsidiaries in Spain, Italy, Greece, France, Singapore, Malaysia, Oman and the United States of America.
Share
Since 18 November 2004, the " Phoenix Solar share " is traded in the OTC markets of Munich, Frankfurt, Berlin and Stuttgart. With the beginning of the M: access, quality segment of the Munich Stock Exchange, the Phoenix Solar AG changed on 1 July 2005 in this segment. On 27 June 2006, the first quotation in the official market was (now the Regulated Market ) of the Frankfurt Stock Exchange (Prime Standard). From 25 March 2008 to 16 September 2011, the value was listed by the German stock exchange in the technology index Nasdaq. Temporarily out she was 30 Index also ÖkoDAX and photovoltaic Global. About 85 percent of the shares are in free float. For 2010, a dividend of EUR 0.35 per share was paid.
Business
Phoenix Solar AG is active in the photovoltaic market in two complementary lines of business: one of the Components & Systems and other power plants:
- In the Components & Systems photovoltaic components and complete systems for the wholesale trade are distributed. In addition to consulting and planning and the technical support is included. Customers are photovoltaic installers and electrical wholesalers.
- In the business field solar power plants turnkey solar systems for single customers to be established. The company supports its customers not only in the planning and project development, but realized the project from installation through to operation and maintenance. A headquarters in Ulm can monitor the individual power plants by remote readout and intervene if necessary.
The company covers all system sizes from, ie from the 1- kilowatt system for the household to multi- megawatt power plants.
It refers to the Phoenix Solar AG as "EPC ". This stands for Engineering, Procurement and Construction to German: planning, resourcing and building in which the company delivers to the client turnkey plants at a fixed contract price.
The value added of Phoenix Solar AG is taking place in the areas of trade, planning and consulting services, as well as installation and maintenance of photovoltaic projects. Products such as solar modules, inverters and mounting material from suppliers - mostly in Asia - shopped. The margins, net of pre- financing costs in the trading business in only about 2-3%.
Among the German company Phoenix Solar is one of the most actively traded in the field of photovoltaics.
The years up to 2011
Total revenues in the fiscal year 2008, the Group 402.5 million euros, the foreign share rose to 39.7 %. EBIT and EBIT margin could again be increased and amounted to 33.8 million euros or 8.40%. The net result improved from 14.4 million euros to 23.7 million euros. Earnings per share rose from 2.38 euros to 3.63 euros (basic).
In fiscal 2009, total revenues were increased in the group to 473 million euros, the foreign share was 5.8 %. EBIT and EBIT margin could not be held, amounting to 12.2 million euros, or 2.6 %. The net profit decreased by 63.9 % to EUR 8.6 million. Earnings per share fell from 3.63 euros to 1.28 euros (basic) back.
In fiscal 2010, total revenues were increased in the group to 635.7 million euros, with the foreign share amounted to 25.9 %. EBIT and EBIT margin amounted to 36.4 million euros, or 5.7 %. The net profit rose to 24.1 million euros. Earnings per share rose from 1.28 euros to 3.44 euros (basic). At the end of the year, 313 employees were employed
In fiscal 2011, total revenues amounted to 393.484 million euros for the Group. EBIT amounted to -84.680 million euros, based on the conversion corresponds to -21.5 %. The net profit was EUR -86.375 million euros. Earnings per share decreased to EUR -11.80. At the end of the year, 406 people were employed, meaning that this number was reduced by approximately 30% over the previous year.
The years 2012/2013
According to the interim report on the months January to September 2012, the total revenue of the Group amounted to 125.134 million euros. The number of employees was reduced under a restructuring world from 409 to 230 on 31 December 2011. In April 2012, the share reached a historic low of around 0.63 euros. The work started in overseas projects were the focus of the company. In January 2013, the ground-mounted photovoltaic plant with 9.5 MW at the Volkswagen production site in Chattanooga, Tennessee ( USA) was put into operation. The stock rose within three months by 60 percent.
In 2013 attended more ad- hoc reports for a rise in the share price: Due to an agreement with Silicon Ranch Corporation was the construction of a 38.6 megawatt solar power plant started on a former cotton plantation in the U.S. state of Georgia. In addition, Phoenix Solar was awarded the contract for a 1.8 MWp solar park in the Arabian capital Riyadh on the grounds of KAPSARC (King Abdullah Petroleum Studies and Research Center), the largest oil research center in the world. In September, the company was awarded the contract for the construction of a photovoltaic plant with a capacity of at least 1.2 MWp to that of the building on the roof of the CMM distribution center in Singapore roof. In October 2013, a further order from Singapore was announced: For the new national stadium with 55,000 spectators, a movable roof and a photovoltaic system for the air conditioning to be erected. The share price rose within a year by more than 500 percent.