SolarWorld AG reported consolidated earnings results for the first half of 2015. For the period, revenue igrew stronger than shipments, increasing by 40% to EUR 320 million against EUR 228 million a year ago. The company managed to improve its operating performance in the first half of 2015 compared with the previous year, too. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose to EUR 10 million(first half 2014, adjusted for one-off effects: 1) and loss before interest and taxes (EBIT) to EUR -12 million a year ago (H1 2014, adjusted for one-off effects: -19). EBITDA improved to EUR 7 million (first quarter 2015: 3) and LBIT to EUR 4 million (Q1 2014 -8).

The company confirms its forecast for the year 2015 with an increase of groupwide shipments by at least 25% versus the previous year to more than one gigawatt as well as an increase of group revenue by at least 25% to more than EUR 700 million. Furthermore, the company will turn operating EBIT (2014: EUR -44 million) back into positive territory in fiscal year 2015. EBITDA (excluding potential one-off effects) in fiscal year 2015 should also exceed previous year's level (2014: EUR 2 million) significantly.