The German solar company says the revenue increase is partially due to the ramp up in production capacity, and the effect of the reduction in the German feed-in tariff in July.

EBIT climbed from a loss of €4m in Q2 2009 to a profit of €12.9m in 2010. Net income amounted to €8.6m, compared to a loss of €30.9m in Q2 2009.

Outlook

For the full year, Centrosolar expects revenues of €370m, and an EBIT in the range of €24-28m.