The company, which makes modules, inverters, mounting systems and solar glass, posted a €29.7m loss in 2009.
Per-share earnings were €0.78 compared to a loss of €1.94 in 2009.
2010 earnings before interest and taxes (EBIT) of €26.6m marked a 286% improvement over 2009 and far exceeded the Munich-based company’s annual forecast.
Looking ahead to 2011, Centrosolar sees revenue in the range of €420m-450m, representing top-line growth of 4-11.5%.
