GMP upgrades Swiss-based Etrion to "buy"

Aug 11, 2011 - GMP Securities has raised its recommendation on Swiss-based solar energy company Etrion Corp (TSE:ETX, STO:ETX) to "buy" from "hold".

By 1047 CET today, shares in Etrion had climbed 5.12% to SEK 4.11 on the exchange in Stockholm.

Yesterday, the company, which is mainly focused on the Italian market, said its net loss halved to USD 2.1 million (EUR 1.5m) in the second quarter of 2011.

(SEK 1.0 = USD 0.153/EUR 0.107)

Choose your newsletter by Renewables Now. Join for free!

More stories to explore

IWB buys Swiss solar installer Kunz-Solartech

May 18, 2023 15:48 CEST

H2 Green Steel signs binding offtake deal with Mercedes-Benz

Jun 08, 2023 14:24 CEST

Gigawatt-scale offshore wind project in Sweden gets county clearance

Jun 08, 2023 11:39 CEST

Cloudberry takes FID on 18.6-MW wind farm in Sweden

Jun 06, 2023 10:43 CEST

Sweden's H2 Green Steel gets environmental permit for maiden plant

Jun 02, 2023 13:55 CEST

Hexicon gets EUR 45m development financing from Glennmont

May 31, 2023 16:11 CEST

Published Aug 11, 2011 11:17 CEST

Author Theodora Stankova

Share this story