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Outlook in focus as solar duo seen fading in Q2

Wed, 08/10/2011 - 3:31pm
Reuters

FRANKFURT (Reuters) - Investors will focus on statements about demand and pricing in the second half of the year when Germany's top two solar companies report quarterly results this week.

SolarWorld, Germany's second-largest solar company by sales, is scheduled to report second-quarter earnings on Thursday, while results of SMA Solar, Germany's No.1, are expected early on Friday.

Analysts expect weak results mainly due to sluggish demand for solar panels in the biggest market in Europe, where subsidies -- on which the sector depends -- have fallen rapidly and squeezed margins in the industry.

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