Reinecke + Pohl misses growth target

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Reinecke + Pohl Sun Energy AG have just announced that they will the targets for turnover and earnings for 2006 which were given by the Executive Board. Among the reasons for missing the prognoses are changing market conditions which have hampered the sale of photovoltaic plants.

Like most solar companies, it has ambitious growth programmes which in this case have not been met. There aren't many industries where the target is to double sales in the first 6 months of the year thought to be realistic.

Digging a little deeper though, it's intriguing to hear that a major resignation in recent days that can't have helped was because the person who had to resign, Mr Müller, had to go to prison. What for I've no idea yet (does anyone know? Please comment) but the company emphasises that it is absolutely nothing to do with them.

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