Bloomberg News

Conergy Plans to Return to Profit in 2012, CEO Tells Der Spiegel

April 16, 2012

Conergy AG (CGYK), a German solar-panel maker, intends to post an operating profit this year after a loss in 2011, Der Spiegel reported, citing an interview with Chief Executive Officer Philip Comberg.

Conergy “made more money” than it spent in the first quarter amid restructuring measures and “high” demand for solar panels, Comberg told the German magazine.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


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