May 08, 2025 / 06:00AM GMT
Curt Levens - REC Silicon ASA - Chief Executive Officer
Good morning, and welcome to the REC Silicon First Quarter 2025 Presentation. Iâm Curt Levens, CEO of REC Silicon. Today, weâre going to talk about, some highlights and updates both from Q1 and then subsequent events, our normal financial review. Weâll touch on strategic direction issues, based upon activities as we described, during the last quarterly presentation as well as a trade policy update given all of the activity that has been, over the past two months and then provide with a summary.
This will be a process that, we will be continuing throughout the remainder of the year. We had an EBITDA loss of $4.6 billion from continuing operations. Hanwha and its affiliates launched a voluntary share purchase offer. We are still working on the further financing options for restructuring, and we have a little more discussion about those on a couple slides. Letâs say that right now, it is a very challenging environment for sales revenues, a result of a number of issues coming together, trade actions, both new and existing, channel inventories in
Q1 2025 REC Silicon ASA Earnings Call Transcript
May 08, 2025
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