L R AS Published on Saturday 3 February 2024 - n° 474 - Categories:company results
Nextracker has a brilliant year to 31 Mar 2024
Nextracker has raised its forecasts on the back of strong deliveries in the United States in the third quarter of its 2024 financial year. Deliveries increased by 70%, resulting in quarterly revenue growth of 38%.
For the full year to 31 March 2024, sales are expected to reach
2.45 billion and ebitda increased to $488 million
The company has tripled its research and development efforts in Q3 over Q3 2022
https://www.pv-tech.org/nextracker-raises-fy24-guidance-fuelled-by-high-deliveries-in-us-during-q3/
PV Tech of1 February 2024
