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SolarWorld AG with consistently powerful sales and earnings growth in 2nd quarter

31-07-08v3

SolarWorld AG has successfully and consistently continued the expansion of its national and international group business in the 2nd quarter of 2008. Group sales from April through June went up by 46.6 per cent over the same period last year to 259.6 (previous year: 177.1) million EUR and by 38.6 per cent in the 1st half of 2008 to 427.1 (previous year: 308.1) million EUR. The operating result before interest and tax (EBIT) grew in the 2nd quarter of 2008 by 54.5 per cent to 75.7 (previous year: 49.0) million EUR and in the 1st half of 2008 by 41.4 per cent to 118.5 (previous year: 83.8) million EUR. Group profits from continued operations increased in the 2nd quarter by 96.2 per cent to 51.8 (previous year: 26.4) million EUR and in the 1st half of the fiscal year by 55.2 per cent to 73.7 (previous year: 47.5) million EUR. Group profits including those from discontinued operations amounted to 87.3 million EUR in the 1st half of 2008 due to proceeds from the sale of shares in Gällivare Photo Voltaic AB (GPV) amounting to 13.6 million EUR. The group expects to exceed the forecast for 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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