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SolarEdge is willing to sacrifice margins today to capture huge demand growth in Europe, CFO says

SolarEdge is willing to sacrifice margins today to capture huge demand growth in Europe, CFO says

SolarEdge shares tumbled this week after the company’s

showed a hit to margins from factory closures, higher transport costs and currency headwinds from the weakening Euro.

But SolarEdge CFO Ronen Faier said lower margins now is the price to be paid for long-term growth in a market where demand is skyrocketing. 

“We have demand that is far beyond anything that we could plan for, expect for, and even grow,” he told…

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