First capital market day of centrotherm photovoltaics encounters strong interest
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First capital market day of centrotherm photovoltaics encounters strong interest
- Investors and analysts use the event to exchange information - centrotherm photovoltaics gave insights into a "cost of ownership calculation"
Blaubeuren, May 9, 2008 - As part of its first capital market day held since its IPO in October 2007, centrotherm photovoltaics AG welcomed over 40 institutional investors and analysts to the company's site at Blaubeuren. The day was largely devoted to current market developments and technology trends, which the internationally leading provider of technology and services for the manufacture of solar cells and solar silicon presented to its audience. Besides a visit to the pilot plant and production facilities, company management provided an insight into the manufacturing of production lines and equipment to produce solar cells, polysilicon, and thin-film modules in various presentations and rounds of talks.
The main topics covered included: - Presentation of strategy and market analysis by Management Board Spokesman Robert Hartung and CTO Dr. Peter Fath - A presentation of technology roadmaps by the division manager of solar silicon, solar cells and thin-film - An insight into future capacities and resources presented by CFO Oliver Albrecht
Visitors were interested in general market developments and discussed the tight silicon supply situation, which centrotherm photovoltaics believes is likely to continue for some time still. In this context, particular focus was on the company's young "solar silicon" division, through which centrotherm photovoltaics is offering technology and services for the currently expensive polysilicon. With regard to the topic of the cost situation on the solar market, the company gave insights into a "cost of ownership calculation" for customers, and explained why costs below one euro per watt peak should be possible in future.
Feedback from the analysts and investors attending the capital markets day in Blaubeuren was very positive. Visitors particularly appreciated the opportunity to engage in a direct dialogue with company management. A presentation of the silicon test reactor provided a further highlight. "As a leader in the sector, what's important to us is not only to showcase our product portfolio and strategy, but also to present them within the context of the market, and to conduct an intensive dialog with financial analysts and our investors," was how Robert Hartung, Spokesman of the Management Board of centrotherm photovoltaics, explained the concept. "We designed this capital market day program to include plenty of scope of discussion, and we are very pleased that our visitors accepted our invitation to engage in a two-way exchange of information."
The presentations held at the capital market day can be viewed on the company website at www.centrotherm-pv.de under the menu item Investor Relations.
About centrotherm photovoltaics AG centrotherm photovoltaics AG is an internationally leading provider of technology and services for the production of solar cells and solar silicon. The broad product spectrum comprises key equipment and turnkey production lines for crystalline and thin-film solar cells. The product range is supplemented by reactors and converters for the manufacturing of solar silicon. Business operations currently focus on the growth market of Asia. The international customer base includes well-known companies from the solar sector. The company, which is based in Blaubeuren near Ulm, currently has over 320 employees.
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Further inquiry note:
Company contact:
Saskia Schultz-Ebert
Senior Manager Investor Relations
Tel: +49 7344 918-8890
E-mail: saskia.schultz-ebert@centrotherm.de
Press contact:
Grit Pauli
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 3690 50-31
E-mail: g.pauli@hoschke.de
Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Börsen: Börse Frankfurt / regulated dealing/prime standard