Conergy’s January-March sales fell to €98.2m ($126.2m) from €163.3m last year. Particularly sharp declines were seen in debt-stricken European countries like Italy and Spain – but also in Asia-Pacific, which the company considers one of its key growth markets.
Sales in Italy fell to €11m from €31.5m, while in Spain they decreased to just €5.8m from €17.4m, as developers in those countries struggled to drum up finance.
Overall
