EANS-Adhoc: Solar-Fabrik Aktiengesellschaft für Produktion und Vertrieb von
solartechnischen Produkten
Solar-Fabrik confirms forecast, growth driven by
strong export.
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
9-month report
12.11.2010
Solar-Fabrik AG (ISIN: DE0006614712) improved their EBIT in the first three quarters of 2010 to 11.418 million euros (previous year: -1.152 million euros). The nine month income reached 9.248 million euros (previous year: -7.309 million euros), representing earnings per share of EUR 0.78 (previous year: EUR -0.63).
Earnings continued their positive development on the back of ca. 66 % revenue growth to 148.009 million euros (previous year: 89.016 million euros) for the first nine months of the year. Third quarter revenue grew ca. 26 % and reached 51.534 million euros, mainly driven by exports which more than doubled compared to the first half of 2010 and reached a level of 43.7 %, i.e. up by 24.1 percentage points. France and Italy are the major export countries, predominantly driving the revenue growth. Solar-Fabrik achieved a raw margin of 21.1 % for the first nine months of the year (previous year 14.6 %), including the anticipated decline in the third quarter to 16.3 %.
Solar-Fabrik anticipates another record quarter as the final quarter of the year, driving revenue beyond 210 million euros for the full year 2010.
end of announcement euro adhoc
Further inquiry note:
Investor Relations
Tel.: +49 (0)761-4000 0
E-Mail: investor@solar-fabrik.de
Branche: Alternative energy
ISIN: DE0006614712
WKN: 661471
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade