Arcon-Sunmark: New energy legislation in Denmark will clear things up

Danish Arcon-Sunmark saw more than three fourths of its earnings disappear in 2017. But the CEO believes in a recovery as soon as Denmark's government agrees on the country's future energy policy.

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Denmark's Arcon-Sunmark suffered a major setback in 2017.

The company is a market leader in package solutions for large-scale solar heating plants and booked revenue of just DKK 98 million (EUR 13 million) compared to DKK 457 million the year before. This was mainly related to a sudden slowdown on the Danish market, where an unsettled energy policy dispute caused the district heating sector to stop the development of new heating facilities, which impacted Arcon-Sunmark.

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