Your reliable PV wholesaler.
2014 was a tough year in most parts of Europe for PV companies. Reasons were the punitive tariff duty on imports from China by the EU, changes in feed-in tariffs or the delay of feed-in tariffs. Again we saw manufacturers and wholesalers struggling.
In such a market environment it is important to have a strong and reliable partner. We are happy and proud that Densys GmbH was able to make a small 6-digit gain during the past fiscal year ending on 30.06.2014. The equity ratio increased on group level.
The positive result is due to a very flat cost structure, successful investments in big PV projects and our advisory activities (due diligence and consulting for investors). The takeover of PV5 Solarconcept GmbH in April 2014 strengthened our retail business.
In 2015 we expect a stronger market in Germany and growing markets in Eastern Europe (for example Poland). We also expect that storage systems become more and more important due to decreasing prices and a higher acceptance.