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centrotherm photovoltaics AG

EANS-News: Capital Market Day of centrotherm photovoltaics AG

Blaubeuren (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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companies/Capital Market Day
centrotherm photovoltaics Capital Market
Day Company provides insights into research and development 
activities
Blaubeuren, April 29, 2009 - centrotherm photovoltaics AG once again 
encountered strong interest at its second Capital Market Day. Around 
30 institutional investors and analysts from both Germany and abroad 
accepted an invitation to an exchange of information with the 
Management Board of the technology and service provider for the 
manufacturing of solar silicon, crystalline solar cells and CIGS thin
film solar modules. Topics discussed at the company's site at 
Blaubeuren included market trends in the solar sector, and 
centrotherm photovoltaics' research and development activities in the
areas of solar silicon, solar cells and thin film.
The company employs around 100 research and development staff. 
Moreover, centrotherm photovoltaics is also engaged in close 
cooperation with some of the world's leading photovoltaics research 
institutes, as demonstrated by a film portraying current projects 
conducted with the Fraunhofer Institute for Solar Energy Systems ISE 
in Constance. "Only those companies that remain technologically 
innovative, and at the same time take cost-leadership for customers 
as a serious issue, will be able to operate successfully on the 
markets in the long term," explained Robert M. Hartung, CEO of 
centrotherm photovoltaics AG. "Therefore it is our strategy to invest
in our own research and development department." In the course of a 
series of presentations and discussions the company's management 
explained how research and development is organized within the 
company, how much is invested in these activities, and also outlined 
the objectives for its individual business areas in terms of research
and development. centrotherm photovoltaics invested a total of EUR 17
million in research and development in 2008.
Experts from various business areas presented the topics on which 
they are currently conducting research, and demonstrated the new 
products that have been developed. The participants were particularly
interested in trends within the photovoltaic market, new thin film 
technologies, future production concepts for solar cells and trends 
in the silicon area. The company's guests responded extremely 
positively to the event held in Blaubeuren, and were particularly 
pleased with the opportunity to gain an insight into production, as 
well as to speak directly with the company's management.
"Intensive dialogue with financial analysts and our investors is 
extremely important to us," commented Oliver M. Albrecht, CFO of 
centrotherm photovoltaics. "Consequently, we arranged this capital 
market day program to include plenty of scope for discussion, and we 
are very pleased that our visitors accepted our invitation to 
dialogue."
About centrotherm photovoltaics AG centrotherm photovoltaics AG, 
which is based at Blaubeuren, is one of the world's leading 
technology and service providers for the manufacturing 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. centrotherm photovoltaics 
guarantees its customers important performance parameters such as 
production capacity, degree of efficacy, and completion deadlines for
turnkey lines. The Group employs over 1,000 staff members, and 
operates in Europe, Asia and the USA. In the 2008 financial year, 
centrotherm photovoltaics generated revenue of EUR 375 million and 
EBIT of EUR 56 million*, and is listed in the TecDAX on the Frankfurt
Securities Exchange. (*before purchase price allocation)
end of announcement                               euro adhoc

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:
Christina Siebels, Grit Pauli
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 3690 50-58 /-31
E-mail: c.siebels@hoschke.de; g.pauli@hoschke.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Börsen: Börse Frankfurt / regulated dealing/prime standard

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