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Saturday, November 23, 2024

Bisol ups revenue and profit in 2020

By: J.S., STA

The solar panel developer and maker Bisol generated over EUR 42 million in revenue last year, some EUR 6 million more than the year before.

Net profit reached EUR 3 million, a significant increase over EUR 27,804 in 2019, the Prebold-based company said. Production increased by some 20% over 2019, which was already a record year. In terms of value, the growth was 10% due to a small drop in the price of modules. Employing some 200 people, the company expects growth to continue this year. “Hoping for a stabilisation of the health situation, we expect growth to be at least at last year’s level.”

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