aleo solar AG

EANS-News: aleo solar AG
aleo solar AG continues on profitable growth path in 2009

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Company Information

Prenzlau/Oldenburg (euro adhoc) - aleo solar AG [ISIN: DE000A0JM634] today announced revenue of EUR 376.1 million (previous year: EUR 360.5 million) and EBIT of 16.0 million (previous year: EUR 23.8 million) for financial year 2009, according to preliminary calculations. Despite the difficult market environment, the EBIT margin was a solid 4.3 percent (previous year: 6.6 percent). Earnings per share are expected to come in at EUR 0.78 (previous year: EUR 1.20).

Jakobus Smit, CEO of aleo solar AG, said: "Our excellent market position as a premium manufacturer with its own sales organization proved its merit in the past year. Quality modules and a strong brand remain our guarantors of success even in difficult times." The European sales network of aleo solar AG now comprises some 1,000 specialist dealers and installers.

The 2009 annual report containing the final figures is expected to be published on 25 March 2010.

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ots Originaltext: aleo solar AG
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Further inquiry note:
Uwe Bögershausen
Tel.:    +49 (0)441-21988-770

Branche: Alternative energy
ISIN:      DE000A0JM634
WKN:        A0JM63
Index:    CDAX, Prime All Share, Technology 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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