08.19.19
Midsummer presented its interim report for the first half year of 2019. Midsummer reported net sales of SEK 133.4 million ($13.9 million); EUR 12.5m] in the first half of the year and operating profits of SEK 11 million [$1.1 million). During the second quarter of 2019, the company has, among other things, started a collaboration with Benders, Sweden’s largest manufacturer of roof tiles, and its new curved solar panel roof tile and also increased the number of employees to more than 100.
Midsummer’s revenues for the second quarter of 2019 amounted to SEK 106.5 million. Most of this revenue comes from the completion of DUO machines to the new factory in China, which was inaugurated during the summer.
“We surpassed 100 employees this summer and are still looking for engineers, mechanics, electricians and programmers,” said Sven Lindström, CEO of Midsummer AB.
During the second quarter, the company has worked on launching a new collaboration with Benders and the new curved solar panel that fits most of Sweden’s houses with roof tiles. The solar panel for the Palema model - Sweden’s best-selling roofing tile - has been well received and the company has received many inquiries ahead of the deliveries that will take place this autumn.
During the quarter, Midsummer also launched a new metal roof with integrated solar cells in a slimmer version more adapted for solar cells, under its own brand Midsummer solar roofs. This gives a higher energy density and more watts per square meter.
Midsummer’s revenues for the second quarter of 2019 amounted to SEK 106.5 million. Most of this revenue comes from the completion of DUO machines to the new factory in China, which was inaugurated during the summer.
“We surpassed 100 employees this summer and are still looking for engineers, mechanics, electricians and programmers,” said Sven Lindström, CEO of Midsummer AB.
During the second quarter, the company has worked on launching a new collaboration with Benders and the new curved solar panel that fits most of Sweden’s houses with roof tiles. The solar panel for the Palema model - Sweden’s best-selling roofing tile - has been well received and the company has received many inquiries ahead of the deliveries that will take place this autumn.
During the quarter, Midsummer also launched a new metal roof with integrated solar cells in a slimmer version more adapted for solar cells, under its own brand Midsummer solar roofs. This gives a higher energy density and more watts per square meter.
