Christoph's Feed
Oct 22, 2010

Verbio CEO sees 2010 sales growing by up to 10 percent

FRANKFURT (Reuters) – German biofuel company Verbio expects to see its full-year sales rise by as much as 10 percent, its chief executive said on Friday, giving the first concrete outlook for revenues in the ongoing year. So far, the company had guided for a “significant increase” in turnover but based on Claus Sauter’s estimate, this year’s top line could rise to as much as 552 million euros ($768.1 million).

This would be above the 520 million euro estimate expected by analysts at SES Research.

Oct 22, 2010

Fancy consumers? Go for emerging market exposure

FRANKFURT (Reuters) – Emerging markets are the key for consumer stocks and investors should go for established names with high exposure in these economies rather than buying into local players, a fund manager at ING said.

“I like to play the emerging markets through the multinationals,” Huub van der Riet, manager of the ING (L) Invest Food & Beverages, told Reuters.

Oct 15, 2010

Buy or Sell: Nordex shares: headwind or tailwind?

FRANKFURT (Reuters) – Shares in German wind turbine maker Nordex have lost nearly a third of their value since the beginning of the year, as a lack of project funding and weak demand is still burdening the industry.

Thomson Reuters database StarMine shows that a third of analysts covering the stock rate the company “buy,” while 22 percent advise selling the stock.

Oct 15, 2010

Nordex shares: headwind or tailwind?

FRANKFURT, Oct 15 (Reuters) – Shares in German wind turbine
maker Nordex (NDXG.DE: Quote, Profile, Research) have lost nearly a third of their value
since the beginning of the year, as a lack of project funding
and weak demand is still burdening the industry.

Thomson Reuters database StarMine shows that a third of
analysts covering the stock rate the company “buy”, while 22
percent advise selling the stock.

Oct 12, 2010

Solar M&A on the rise – Latham & Watkins

FRANKFURT (Reuters) – Private equity investors can still find gems in the battered solar industry and are expected to buy in soon, above all in the area of equipment manufacturing where margins seem robust, a senior M&A lawyer said.

“It’s very likely that we will see M&A activity in this segment within the next two years,” Marcus Herrmann, partner at law firm Latham & Watkins LLP, said on Tuesday at the Reuters Global Climate and Alternative Energy Summit.

Oct 12, 2010

Solar M&A on the rise: Latham & Watkins

FRANKFURT (Reuters) – Private equity investors can still find gems in the battered solar industry and are expected to buy in soon, above all in the area of equipment manufacturing where margins seem robust, a senior M&A lawyer said.

“It’s very likely that we will see M&A activity in this segment within the next two years,” Marcus Herrmann, partner at law firm Latham & Watkins LLP, said on Tuesday at the Reuters Global Climate and Alternative Energy Summit.

Oct 12, 2010

Solar M&A on the rise: Latham & Watkins

FRANKFURT (Reuters) – Private equity investors can still find gems in the battered solar industry and are expected to buy in soon, above all in the area of equipment manufacturing where margins seem robust, a senior M&A lawyer said.

“It’s very likely that we will see M&A activity in this segment within the next two years,” Marcus Herrmann, partner at law firm Latham & Watkins LLP, said on Tuesday at the Reuters Global Climate and Alternative Energy Summit.

Oct 12, 2010

Solar M&A on the rise: Latham & Watkins

FRANKFURT (Reuters) – Private equity investors can still find gems in the battered solar industry and are expected to buy in soon, above all in the area of equipment manufacturing where margins seem robust, a senior M&A lawyer said.

“It’s very likely that we will see M&A activity in this segment within the next two years,” Marcus Herrmann, partner at law firm Latham & Watkins LLP, said on Tuesday at the Reuters Global Climate and Alternative Energy Summit.

Sep 23, 2010

Germany could see solar power cap: BlackRock

FRANKFURT (Reuters) – Rising costs for solar power in Germany could either trigger a further large cut in sector subsidies or a cap on new installations in the world’s No.1 solar market, a BlackRock fund manager said.

Power transmission grid operators are obligated to pay feed-in tariffs (FIT) to producers of solar power, which are then added to customers’ bills, and critics have noted that ballooning demand for photovoltaics leads to higher costs.

Sep 22, 2010

E.ON renewables eyes 2010 oper profit jump

HUSUM, Germany (Reuters) – E.ON, the world’s largest utility by sales, is confident it can grow operating profit at its renewables unit by about 70 percent this year, benefiting from a massive increase in installed capacity.

“We will power ahead with this business,” Frank Mastiaux, chief executive of E.ON’s Climate & Renewables unit, told Reuters late on Tuesday in an interview at a wind conference in the hamlet of Husum, about a 90-minute drive north of Hamburg.

    • About Christoph

      "I'm responsible for the coverage of German renewable companies, mainly solar, at Reuters News. Previously, I have worked as a correspondent at Thomson Financial News, covering German technology and construction companies."
    • Follow Christoph