Solar-Fabrik AG

euro adhoc: Solar-Fabrik AG
quarterly or semiannual financial statement / Sales and income forecasts for filled for 2006, margin doubled in 2007 through coverage of entire value chain, utilization of capacity rising dynamically.

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3-month report


Solar-Fabrik AG (ISIN: DE 0006614712) finished the first quarter of 2007 with an after-tax profit of EUR 806,000. This is equivalent to an improvement of 302,000 euros compared to the first quarter of 2006. Net earnings per share amounted to EUR 0.09 (previous year: 0.06). Earnings before interest and tax (EBIT) were EUR 1.003 million, up approximately EUR 444,000 over Q1 2006. Group revenue in the reporting period rose by more than 63 % to EUR 18.058 million. The first quarter of 2007 was the best first quarter in the Company's history both in terms of sales revenue and income.

In the Wafer Division, Solar-Fabrik posted EUR 14.3 million in sales in the first three months of the current fiscal year, EUR 10.4 million of which was generated outside the Group. This segment thus improved in the first quarter by EUR 11.3 million compared to Q1 2006, equivalent to growth exceeding 475 %. The expansion of business at the Global Expertise Wafer Division in the field of silicon and wafers will continue to be dynamically stepped up; market conditions for this expansion are currently better than ever.

In March, Solar Energy Power Ltd. of Singapore began regular supplies of solar cells, allowing the "Solar Cells" segment to generate additional positive results.

In the first quarter, the segment of solar power systems continue to develop moderately as targeted. However, since March of 2007 Solar-Fabrik AG has received far more orders than planned, so that this field of business is now also expected to post exceptionally positive earnings in the next few months thanks to greater capacity utilization than targeted.

Solar-Fabrik expects sales and earnings to continue to grow significantly thanks to the combination of activities along the entire value chain within the Group. The strategic expansion of the Group is therefore already bearing fruit impressively after just a short time.

In the first quarter of 2007, consolidated sales revenue increased by approximately 63% relative to Q1 2006, with the EBIT margin at around 5.5 % as announced. The sales target for fiscal 2007 as a whole remains at least at EUR 130 million, with the goal for the EBIT margin being at least 10%.

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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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