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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Emles Real Estate Credit ETF | AMEX:REC | AMEX | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 20.055 | 0 | 01:00:00 |
From Jun 2019 to Jun 2024
DOW JONES NEWSWIRES
Renewable Energy Corporation Wednesday said that preliminary financial results for 4Q 2010 are significantly above expectations.
MAIN FACTS:
-4Q revenues seen at NOK4.9B.
-4Q Ebitda seen at NOK1.8B.
-4Q Ebit seen at NOK1.1B.
-The Ebitda result includes NOK0.3B in non-recurring items, mainly related to a cancellation fee received for a wafer sales contract.
-In addition, the results were positively affected especially by a stronger than expected market, enabling sales of accumulated off-spec products at attractive prices.
-Also notes higher than expected FBR production and product quality in REC Silicon, due to fewer than normal maintenance close-downs and more stable operations. These extra volumes were sold in the spot market at attractive prices.
-REC reports 4Q results on Wednesday February 9th.
-At 0849 GMT shares were 11% higher at NOK21.50.
-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com
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