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centrotherm photovoltaics AG

EANS-News: centrotherm photovoltaics shows excellent new order intake in fourth quarter of 2010 - high capacity utilization and confident outlook for 2011

Blaubeuren (euro adhoc) -

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Company Information
January 27, 2011 - centrotherm
photovoltaics AG, the globally leading technology and equipment 
supplier to the photovoltaics sector, has made a confident start to 
2011. This perspective particularly reflects the gratifying order 
trend in the fourth quarter of 2010: new orders were up 
significantly, by 192 percent, to EUR 342 million (prior-year period:
EUR 117 million).
Primary orders from Asia, particularly from China  and  Taiwan,  
contributed  to this positive trend. Production systems to 
manufacture crystalline  solar  cells were in particular demand.  
Many  existing  customers,  including  premium  cost leaders, made 
repeat purchases of  key  equipment  such  as  tube  furnaces  for 
phosphorus diffusion (POCl3), and batch-type  systems  for  the  
anti-reflective coating of solar cells (PECVD systems).
Production across the entire centrotherm Group is running at full 
speed: given the good order book position, around 100 systems per 
month are to be dispatched in the future from the production halls at
the Group's Blaubeuren headquarters. This represents a further marked
increase compared with 2010: last year, production capacity already 
underwent a major expansion to up to 60 systems per month. 
Manufacturing capacities have been added to consistently as a result 
of the further optimization of production structures and processes, 
such as a flexible shift operation.
"Our products' technology and quality prove persuasive. That is why 
we look ahead to this year with confidence. Our sales team in the 
Asian region has already signed initial orders from major existing 
customers for the second half of 2011", comments Dr. Thomas Riegler, 
CFO of centrotherm photovoltaics AG. "Many of our customers would 
like to extend their cost-leadership, are topping up their production
capacities, and are focusing on centrotherm's advanced, leading edge.
This year, we will continue to benefit from this trend, which has 
already been underway for several months."
About centrotherm photovoltaics AG centrotherm photovoltaics AG, 
which is based at Blaubeuren, is the world's leading technology and 
equipment provider for the photovoltaics sector. The company equips 
well-known solar companies and new sector entrants with turnkey 
production lines and single equipment to manufacture silicon, 
crystalline solar cells and thin film modules. As a consequence, the 
Group possesses a broad and well-founded technological basis, as well
as key equipment at practically all steps of the photovoltaics value 
chain. centrotherm photovoltaics guarantees its customers important 
performance parameters such as production capacity, efficiencies, and
completion deadlines. The Group employs over 1,400 staff members, and
operates in Europe, Asia and the USA. centrotherm photovoltaics 
achieved revenue in the 2009 financial year of EUR 509.1 million, 
EBIT of EUR 37.2 million, and is listed in the TecDax of the 
Frankfurt Securities Exchange.
centrotherm photovoltaics AG Johannes-Schmid-Strasse 8 89143 
Blaubeuren Internet: www.centrotherm.de ISIN: DE000A0JMMN2 WKN: 
A0JMMN Admitted to the Regulated Market/Prime Standard, Frankfurt 
Securities Exchange Corporate domicile: Germany
Contact:
Saskia Feil
Senior Manager Investor & Public Relations
Tel: +49 7344 918-8890
E-mail:  saskia.feil@centrotherm.de
Dr. Torsten Knödler
Manager Public Relations
Tel: +49 7344 918-8898
E-mail:  torsten.knoedler@centrotherm.de
end of announcement                               euro adhoc

Further inquiry note:

Dr. Torsten Knödler
Manager Public Relations
Tel.: 07344 - 918-8898
E-Mail: torsten.knoedler@centrotherm.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Index: TecDAX
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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