Solar-Fabrik AG

EANS-Adhoc: Solar-Fabrik Aktiengesellschaft für Produktion und Vertrieb von solartechnischen Produkten
Solar-Fabrik confirms forecast, growth driven by strong export.

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9-month report

12.11.2010

Solar-Fabrik AG (ISIN: DE0006614712) improved their EBIT in the first three quarters of 2010 to 11.418 million euros (previous year: -1.152 million euros). The nine month income reached 9.248 million euros (previous year: -7.309 million euros), representing earnings per share of EUR 0.78 (previous year: EUR -0.63).

Earnings continued their positive development on the back of ca. 66 % revenue growth to 148.009 million euros (previous year: 89.016 million euros) for the first nine months of the year. Third quarter revenue grew ca. 26 % and reached 51.534 million euros, mainly driven by exports which more than doubled compared to the first half of 2010 and reached a level of 43.7 %, i.e. up by 24.1 percentage points. France and Italy are the major export countries, predominantly driving the revenue growth. Solar-Fabrik achieved a raw margin of 21.1 % for the first nine months of the year (previous year 14.6 %), including the anticipated decline in the third quarter to 16.3 %.

Solar-Fabrik anticipates another record quarter as the final quarter of the year, driving revenue beyond 210 million euros for the full year 2010.

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Further inquiry note: Investor Relations Tel.: +49 (0)761-4000 0 E-Mail: investor@solar-fabrik.de

Branche: Alternative energy
ISIN:      DE0006614712
WKN:        661471
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              München / free trade



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