aleo solar AG

euro adhoc: aleo solar AG
quarterly or semiannual financial statement
aleo solar AG reports 2007 Q1 figures and revises forecasts upwards. Q1/2007: revenue EUR 37.2 million (+44.8%), of which 35% generated abroad; EBIT margin: 7.2%; production outpu

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc. The issuer is responsible   for the content of this announcement. --------------------------------------------------------------------------------@@end@@

3-month report


Following the publication of its Q1/2007 results, aleo solar AG (ISIN: DE000A0JM634) has lifted its forecast for the overall year. Rather than the EUR 155 million in revenue planned to date, the Company now anticipates organic revenue growth to at least EUR 170 million, with the EBIT margin remaining solid. The proportion of international revenue is expected to amount to at least 25%. The solar cells needed to achieve this increase in revenue have already been secured in full under existing contracts.

The increased forecast is based on the additional solar cells secured and the figures for the first quarter of 2007. Revenue climbed by 44.8% to EUR 37.2 million (Q1/2006: EUR 25.7 million). The proportion of international revenue amounted to 35%. EBIT amounted to EUR 2.7 million (Q1/2006: EUR 3.4 million); the EBIT margin thus amounts to a solid 7.2%. The Company increased its production output to 17.5 MW (Q1/2006: 12.9 MW). Earnings per share totalled EUR 0.13 (Q1/2006: EUR 0.16, based on the current number of shares).

Business in Germany recorded stable development. International growth was stronger than expected: the increased marketing and sales activities are starting to bear fruit. The Spanish market reacted to the opening of aleo solar´s own factory near Barcelona and the establishment of a sales organisation in Spain by placing corresponding orders. In Italy, aleo solar AG has seen a significant increase in new orders following the passing of simplified legislation in February. As a result, 35% of total revenue was generated outside Germany by the end of the quarter; the corresponding figure was 4.1% during the prior-year period.

@@start.t2@@end of announcement                                                 euro adhoc 15.05.2007 07:31:38

ots Originaltext: aleo solar AG
Im Internet recherchierbar:

Further inquiry note:
Franz Nieper oder Yvonne Meyer
Investor Relations, Legal & Compliance
Tel.:      +49 441-21988-77

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

Weitere Meldungen: aleo solar AG

Das könnte Sie auch interessieren: