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aleo solar AG

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

Prenzlau/Oldenburg (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
companies
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.
end of announcement                               euro adhoc

Further inquiry note:

Franz Nieper
Investor Relations, Legal & Compliance
Tel.: +49 (0)441-21988-770
E-Mail: Invest@aleo-solar.de

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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