Centrosolar,
which
builds
plug-and-play
rooftop
PV
systems
in
addition
to
operating
several
glass
factories,
pocketed
a
quarterly
operating
profit
of
just
€300,000
($429,000)
–
compared
to
€8.2m
last
year.
Revenues
slid
to
€71m
from
€85m.
The
Munich-listed
company
blamed
its
disappointing
performance
on
unusual
and
“starkly
contrasting”
market
conditions,
in
which
sharp
subsidy
cuts
in
Germany
led
to
softer
overall
demand
even
as
the
race
to
install
systems
in
Italy
led
to
higher
raw-material
costs.
Centrosolar
–
which
still
relies
on
Germany
for
nearly
30%
of
its
revenue
and
must
go…
