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SolarWorld AG Meets Forecast in First Quarter 2008

29-04-08v3

In the first quarter of 2008 SolarWorld AG significantly expanded the national and international solar business. Group sales increased over the previous year by 28 per cent to 167.5 (prior year: 131.1) million EUR. The operating result before interests and taxes (EBIT) rose by 37 per cent to 39.2 (prior year: 28.7) million EUR. Taking into consideration special effects like the sale of shares in Gällivare PhotoVoltaic AB (GPV) amounting to 12.8 million EUR and allowing for a financial result of -13.2 million EUR SolarWorld AG generated a consolidated net profit of 34.8 (prior year: 21.4) million EUR in the first quarter of fiscal year 2008.SolarWorld Press contact SolarWorld AG Martin-Luther-King-Straße 24 53175 Bonn Germany Contact Investor Relations: Tel.-Nr.: 0228/55920-470 Contact Press: Tel.-Nr.: 0228/55920-459 Fax-Nr.: 0228/55920-9470 E-Mail: placement(at)solarworld.de Internet: www.solarworld.de

 



 
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