Solar-Fabrik AG

euro adhoc: Solar-Fabrik AG
quarterly or semiannual financial statement / Solar-Fabrik AG has best first quarter ever!

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Solar-Fabrik AG (ISIN: DE 0006614712) finished the first quarter of 2006 with an after-tax profit of EUR 504,000. This is equivalent to an improvement of 2.492 million euros compared to the first quarter of 2005. Net earnings per share amounted to EUR 0.06 (previous year: minus 0.25). Earnings before interest and tax (EBIT) were EUR 559,000, up approximately EUR 2,924,000 over Q1 2005. Group revenue in the reporting period rose by more than 33 % to EUR 11,077,000. The Company thus improved its yearly earnings in 2005 of EUR 340,000 by more than 48 % in only three months. The first quarter of 2006 was the best Q1 in the Company's history.

In the first three months, Solar-Fabrik AG had an export quota of 17%, so that another milestone was reached. Besides other European countries, the strongest export market in the first quarter by far was Spain, and it will become even more important as fiscal 2006 progresses.

Demand for solar technology remains great. However, the great snowfall in Germany this winter has delayed the installation of a number of photovoltaics systems in the first three months. The weather effects thus still impact Solar-Fabrik AG, and this seasonal downturn will be followed by greater revenue in the next few months.

In other words, the positive development of business in the first quarter will improve even further in the next few quarters, and the supply of raw materials to Solar-Fabrik AG will also continue to improve as the year progresses.

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ots Originaltext: Solar-Fabrik AG
Im Internet recherchierbar:

Further inquiry note:
Martin Schlenk
Tel. +49(0)761 4000 207

Branche: Alternative energy
ISIN:      DE0006614712
WKN:        661471
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              Börse Berlin-Bremen / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Bayerische Börse / free trade

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