Single Ansicht

SolarWorld AG: Financial results for first quarter of 2013

28-05-13

In the first three months of the year, SolarWorld AG sold fewer solar power modules and kits than in the same quarter last year. Groupwide shipments reached 109 MW in the first quarter of 2013 (Q1 2012: 147 MW). The company recorded a downturn above all in the domestic market of Germany. Main reasons were the unusually severe and long winter weather as well as the continuing restructuring process of SolarWorld. Declining shipments and persistent price pressure have also led to a reduction in the consolidated revenue compared to the first quarter last year. Including the solar wafer business, SolarWorld AG achieved a total revenue of € 112.2 (Q1 2012: € 170.5) million. Consolidated earnings before interest and taxes (EBIT) fell to € -36.2 (Q1 2012: € 26.6) million. Consolidated earnings for the first quarter declined to € -40.0 (Q1 2012: € -0.3) million.

Bonn, May 28, 2013

SolarWorld AG
Management Board

Contact:
SolarWorld AG Investor Relations
Phone: +49 228 55920-470; Fax: +49 228 55920-9470,
Email:placement@solarworld.de; Internet: www.solarworld.de/en/investor-relations



 
  • Newsletter

    Interested in receiving information on a regular basis? Register for our press distribution list

    From sand to the module

    The highest quality in all production steps.

    Commitment to sustainability

    SolarWorld combines economic success with social responsibility and signed up to the Global Compact.

    Excellent

    Top-of-the-line products for every application.

  • The SolarWorld SunCharger

    It is a power supply, replacement battery and solar charger in one.

    Locations Worldwide

    Present in all important markets.

    Sustainable mobility

    Solar race car, SolarWorld No. 1, at the American Solar Challenge 2010

    How we produce

    A look behind the scenes at the SolarWorld company