Solar-Fabrik AG

EANS-Adhoc: Solar-Fabrik Aktiengesellschaft für Produktion und Vertrieb von solartechnischen Produkten
Solar-Fabrik AG sells Wafer Preparation Division

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Freiburg, August 6, 2009 - Effective August 6, 2009, Solar-Fabrik AG has sold its  80  percent  holding  in Solar-Fabrik Silicon Services Ltd. (SFSS), which itself  holds  100  percent  of the shares in Poseidon Solar Services Pte. Ltd.. Solar-Fabrik has thus left  the field of wafer preparation to focus all of its attention on  its   core  business of solar power modules  and  systems.  The business   prospects  for  the  Wafer Preparation Division continued to  worsen over  the  past  three  quarters.  At present, there is a surplus supply of silicon; as a  result,  recovered  silicon is no longer in demand. In the interim  financial  report  for  Q2  2009,  3.850 million euros have therefore been written off of the Group's  assets from  this sale. In return, Solar-Fabrik AG has received  cash  in   the  amount  of  around 900,000 euros from the sale.

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ots Originaltext: Solar-Fabrik AG
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Investor Relations
Tel.: +49 (0)761 - 4000 0

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

Weitere Meldungen: Solar-Fabrik AG

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