aleo solar AG

EANS-News: aleo solar Corporate News: aleo solar reports strong revenue growth in second quarter

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Prenzlau/Oldenburg (euro adhoc) - aleo solar AG today announced that its revenue in the second quarter of the current year increased by 185 percent compared to the first quarter to reach EUR 87.5 million. As a result, aleo solar AG has matched the revenue level of the previous year in the second quarter of 2009. "After a slow start, we have achieved a turnaround with revenue of EUR 118 million in the first six months," said Jakobus Smit, CEO of aleo solar AG. "Positioning ourselves as a premium manufacturer with a focus on specialist solar dealers, a strong sales force and a strong brand has paid off. We are now well-placed to cope with an even tougher competitive environment."

"Demand for our premium products remains high," added Sales Director Norbert Schlesiger. "The costs for fully installed photovoltaic power plants have fallen more rapidly than the degression of feed-in tariffs, which has led to very high profitability for operators."

The report containing the final figures for the second quarter 2009 is expected to be published on 13 August 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:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              München / free trade

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