aleo solar AG

aleo solar AG raises revenue for financial year 2008 to EUR 360.5 million (+48.9%

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Prenzlau/Oldenburg (euro adhoc) - aleo solar AG [ISIN: DE000A0JM634] has announced revenue of approximately EUR 360.5 million for financial year 2008, according to preliminary calculations. This exceeds the figure for the previous year (EUR 242.1 million) by around 50%. In total, 49.3% of revenue was generated abroad (previous year: 34.5%). EBIT amounted to EUR 23.8 million (previous year: EUR 15.7 million). The EBIT margin remained solid at 6.6% and is as expected. Revenue target of at least EUR 330 million was surpassed in November 2008 already.

The 2008 annual report containing the final figures is expected to be published on 26 March 2009.

Member of the Management Board Uwe Bögershausen reiterates the ambitious targets: "Target for 2009 is set - we are aiming for a consolidated revenue of at least EUR 380 million."

Jakobus Smit, CEO of aleo solar AG, adds: "We believe this confirms the Company´s strategy. aleo solar AG focuses on manufacturing premium modules. We selectively target specialist dealers, fitters, installers and project developers with our own direct sales channel. With a strong brand we are best prepared for the buyers market 2009."

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ots Originaltext: aleo solar AG
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Further inquiry note:
Franz Nieper
Investor Relations, Legal & Compliance
Tel.:    +49 (0)441-21988-770

Branche: Alternative energy
ISIN:      DE000A0JM634
WKN:        A0JM63
Index:    CDAX, Prime All Share, Technologie All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse München / free trade

Weitere Meldungen: aleo solar AG

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