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Conergy loss almost halved in 2010

Conergy saw an improvement in its net result to a loss of €42 million in 2010, compared to a loss of €81.1m in 2009.

By Renewable Energy Focus staff

The improvement came as sales soared 52% to €913.5m, bringing the EBITDA into a positive €30.1m compared to a negative €10.7m in 2009.

Conergy says the improved results are largely due to using more in-house components.

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