The German PV system-integrator incurred aloss before interest and tax (ebit) of €4.2m ($5.5m) in the first quarter, compared with a €1.1m loss a year earlier. Its net loss reached €5.8m,after a €1.2m loss in the corresponding period of 2012.

Results were draggeddown by provisions of €1.9m earmarked for severance payments in connection witha staff reduction due to the discontinuation of the trading and projectbusiness in Germany.

On