Quarterly revenues at the Hamburg-based company came in ahead of expectations, nearly doubling year on year to €275.3m ($375.7m) due to strong demand in Germany and other European markets.
But the firm swallowed a net quarterly loss of €4.3m, due largely to fees and interest payments resulting from its burdensome debt and the refinancing package it negotiated in July.
As part of that package, Conergy was forced to initiate an independent business review to plot a path back to profitability after posting an operating loss of €37m last year.
That
