euro adhoc: aleo solar AG
Financial Figures/Balance Sheet
aleo solar
achieves strong revenue growth in 2006
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
28.02.2007
Oldenburg/Prenzlau. aleo solar AG [ISIN: DE000A0JM634] has announced revenue of approximately EUR 130.4 million for fiscal year 2006, according to preliminary calculations. This figure is clearly in excess of its most recent target of EUR 116 million and represents an increase of approximately 22% on the figure for the previous year (EUR 106.9 million). The target for the EBIT margin was a solid 6 - 7%. EBIT is expected to be EUR 9.6 million (previous year: EUR 14.7 million). This corresponds to an EBIT margin of 7.3%.
The main reasons why the Company outperformed its annual targets were the renewed upturn on the German market in the fourth quarter and strong growth in southern Europe. In total, more than 15% of revenue was generated abroad, although only 10% was planned.
Due to ongoing growth in the German solar market and sharp increases in foreign revenue, aleo solar is expecting consolidated revenue of at least EUR 155 million in 2007, along with an ongoing solid EBIT margin. For 2008, aleo solar is forecasting stronger growth in revenue, for a total of at least EUR 200 million. The solar cells needed to achieve this increase in revenue have already been secured in full under existing contracts.
The 2006 annual report containing the final figures is expected to be published on 19 April 2007.
end of announcement euro adhoc 28.02.2007 07:43:11
Further inquiry note:
Yvonne Meyer
Investor Relations & Compliance
Osterstr. 15
26122 Oldenburg, Germany
Phone: +49(0)441-21988-77
Fax: +49(0)441-21988-69
E-Mail: invest@aleo-solar.de
Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Index: CDAX, Technologie All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade