Earnings before interest and taxes (EBIT) fell to €33m ($43.5m) in the final quarter of 2008, down from €53.9m during the same period the year before. With prices for solar products plummeting around the world, and a number of solar firms in dire financial shape, SolarWorld declined to issue any guidance for its 2009 earnings.
The Bonn-based company nevertheless saw significant increases in both its sales and profits for 2008 as it expanded production capacity in Germany and abroad.
