POWERFILM (PFLM).

Investors Chronicle, April, 2007

The solar-power boom is playing right into Powerfilm's hands, sending revenues for 2006 soaring as demand for the company's bespoke thin-film solar panels outstrips supply. Powerfilm's technology 'prints' solar panels on flexible, durable, thin plastic substrate. So its biggest sales are now to: the logistics industry to power global positioning system (GPS) satellite-tracking on trailers and railway carriages, to the oil and gas industry for remote exploration applications, and to the military.

Powerfilm is improving its gross margins, too - up from 28 per cent to 31 per cent last year - as its methods require less poly-silicon than rival solar-panel makers, removing a major price and supply constraint. A capacity expansion programme, to boost production...

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