euro adhoc: aleo solar AG
Financial Figures/Balance Sheet
aleo solar AG
publishes preliminary figures for financial year 2007 and raises forecasts for
2008
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
11.02.2008
Oldenburg/Prenzlau. aleo solar AG [ISIN: DE000A0JM634] has announced revenue of approximately EUR242.1 million for financial year 2007, according to preliminary calculations. This exceeds the figure for the previous year (EUR130.4 million) by around 86%. In total, 34.5% of revenue was generated abroad (previous year: 15.5%). EBIT amounted to EUR15.7 million (previous year: EUR9.6 million). The EBIT margin remained solid at 6.5%. aleo solar's workforce grew to 555 employees at year-end (previous year: 316).
The 2007 annual report containing the final figures is expected to be published on 27 March 2008.
Due to the growth in the European solar market, aleo solar is expecting consolidated revenue of at least EUR330 million for 2008. Approximately 40% will be generated abroad. The Management Board is forecasting a continued solid EBIT margin. aleo solar AG is systematically pursuing its plans for growth: the aggregate production capacity will be expanded from 100 to 180 megawatts by the end of 2008.
For 2009, aleo solar AG is expecting another increase in revenue to at least EUR380 million.
end of announcement euro adhoc
Further inquiry note:
Franz Nieper / Yvonne Meyer
Investor Relations, Legal & Compliance
Tel.: +49 (0)441-21988-77
E-Mail: Invest@aleo-solar.de
Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade