euro adhoc: Solar-Fabrik AG
Financial Figures/Balance Sheet
Preliminary
figures of Solar-Fabrik AG (ISIN: DE0006614712): all-times high in sales and
net-income
All-time high sales of about 73 million EUR, + 43% compared to 2005
EBIT (without a one-t
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
15.02.2007
In 2006, Solar-Fabrik AG Group has forward-looking enlarged and internationalised its business volumes both by organic growth and by acquisitions. These pathbreaking changes have materially influenced the Group result of Solar-Fabrik AG already in 2006, however, the full effect of these changes is expected to affect 2007 results. Net sales increased by more than 43% to 73 million EUR (prior year: 51 million EUR).The forecasted net sales figures for 2006 have been accomplished. Earnings before interest and tax (EBIT) reached about 3.5 million EUR and improved by 3.8 million EUR compared to 2005. Without the adjustment by an extra effect, EBIT would have been 4.5 million EUR. This one-time effect is associated with a project. Measured on the quality expectations of Solar-Fabrik, this project has developed to be not as sustainable as initially expected. Hence, Solar-Fabrik decided to stop the continuance of the project. The adjusted EBIT-margin amounts to 6.2% and is outperforming the forecast.
Meanwhile, the financial year 2007 has started positively, too. Group sales increased primarily in January 2007 by 70% compared to January 2006. The sales target for the whole financial year 2007 is unchanged and expected to be 130 million EUR, the EBIT target is expected to be at least 10%.
The preliminary figures are under the condition of the testimony of the Group auditors and the acceptance of the supervisory board. The final figures for Solar-Fabrik Group will be released to the public as of March 30, 2007.
end of announcement euro adhoc 15.02.2007 07:23:48
Further inquiry note:
Martin Schlenk
Tel. +49(0)761 4000 207
E-Mail: m.schlenk@solar-fabrik.de
Branche: Alternative energy
ISIN: DE0006614712
WKN: 661471
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Bayerische Börse / free trade