Comments on: Suntech Reports Preliminary Q4 and 2008 Financial Results http://www.fusioninvesting.com/2009/01/suntech-reports-preliminary-q4-and-2008-financial-results/ Fusing Fundamental and Technical Analysis with lashings of Behavioural Finance. Investing in Australia and North America. Wed, 28 Jul 2010 20:14:09 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Dean Morel http://www.fusioninvesting.com/2009/01/suntech-reports-preliminary-q4-and-2008-financial-results/comment-page-1/#comment-611 Dean Morel Sat, 21 Mar 2009 09:17:42 +0000 http://www.fusioninvesting.com/?p=718#comment-611 <a href="http://phx.corporate-ir.net/phoenix.zhtml?c=192654&p=irol-newsArticle&ID=1257463&highlight=" rel="nofollow">Q4 Press Release</a> <b>Business Outlook</b> Based on current operating conditions, Suntech expects revenues for the first quarter of 2009 to be in the range of $340 million to $380 million, assuming an exchange rate of $1.28 U.S. dollars to the Euro in the first quarter 2009. GAAP consolidated gross margin in the first quarter of 2009 is expected to be in the range of 12% to 15%. Suntech expects full-year 2009 shipments of more than 800MW. Suntech intends to hold PV cell production capacity at 1GW in 2009 until credit market visibility improves. Suntech expects capital expenditures of approximately $100 million in 2009. The majority of 2009 capital expenditures will be utilized to retrofit existing production capacity to the high efficiency Pluto technology and the completion of the thin film facility. 18 Analysts are covering STP. Q1 consensus of (0.04) with range of (0.14) to 0.13. Q4 Press Release
Business Outlook
Based on current operating conditions, Suntech expects revenues for the first quarter of 2009 to be in the range of $340 million to $380 million, assuming an exchange rate of $1.28 U.S. dollars to the Euro in the first quarter 2009. GAAP consolidated gross margin in the first quarter of 2009 is expected to be in the range of 12% to 15%.

Suntech expects full-year 2009 shipments of more than 800MW. Suntech intends to hold PV cell production capacity at 1GW in 2009 until credit market visibility improves. Suntech expects capital expenditures of approximately $100 million in 2009. The majority of 2009 capital expenditures will be utilized to retrofit existing production capacity to the high efficiency Pluto technology and the completion of the thin film facility.

18 Analysts are covering STP. Q1 consensus of (0.04) with range of (0.14) to 0.13.

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