aleo solar AG

aleo solar AG raises revenue for financial year 2008 to EUR 360.5 million (+48.9%

-------------------------------------------------------------------------------- ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- companies Prenzlau/Oldenburg (euro adhoc) - aleo solar AG [ISIN: DE000A0JM634] has announced revenue of approximately EUR 360.5 million for financial year 2008, according to preliminary calculations. This exceeds the figure for the previous year (EUR 242.1 million) by around 50%. In total, 49.3% of revenue was generated abroad (previous year: 34.5%). EBIT amounted to EUR 23.8 million (previous year: EUR 15.7 million). The EBIT margin remained solid at 6.6% and is as expected. Revenue target of at least EUR 330 million was surpassed in November 2008 already. The 2008 annual report containing the final figures is expected to be published on 26 March 2009. Member of the Management Board Uwe Bögershausen reiterates the ambitious targets: "Target for 2009 is set - we are aiming for a consolidated revenue of at least EUR 380 million." Jakobus Smit, CEO of aleo solar AG, adds: "We believe this confirms the Company´s strategy. aleo solar AG focuses on manufacturing premium modules. We selectively target specialist dealers, fitters, installers and project developers with our own direct sales channel. With a strong brand we are best prepared for the buyers market 2009." end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: aleo solar AG Im Internet recherchierbar: Further inquiry note: Franz Nieper Investor Relations, Legal & Compliance Tel.: +49 (0)441-21988-770 E-Mail: Branche: Alternative energy ISIN: DE000A0JM634 WKN: A0JM63 Index: CDAX, Prime All Share, Technologie All Share Börsen: Börse Frankfurt / regulated dealing/prime standard Börse Berlin / free trade Börse Hamburg / free trade Börse Stuttgart / free trade Börse Düsseldorf / free trade Börse München / free trade

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