Single Press releases

SolarWorld AG: Necessity of restructuring and positive going concern prognosis

24-01-13

In light of the anticompetitive market environment, the Management of SolarWorld AG (ISIN: DE0005108401) has initiated an external experts’ review on the company’s business plan in particular with regard to its anticipated earnings and financial planning.

On the basis of the business plan, checked on plausibility by the external experts, the Management is of the opinion that serious adjustments on the debt side are necessary, in particular with regard to the bonds (ISIN XS0478864225 und ISIN XS0641270045) and the assignable bank loans. Simultaneously, SolarWorld AG is of the opinion that there is a predominant degree of probability that the necessary financial restructuring and necessary operational measures can be achieved in the best interest of all parties and a positive going concern prognosis is thus given.

The Management will permanently review the going concern prognosis and will initiate solution orientated discussions.

SolarWorld AG
The Management


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



 
  • SolarWorld leads the way

    By means of the SolarWorld Einstein Award.

    Newsletter

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

    Downloads

    SolarWorld brochures available for download as PDF documents

    Locations Worldwide

    Present in all important markets.

  • Guaranteed performance

    SolarWorld offers 25-year linear performance guarantee.

    Newsletter

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

    Commitment to sustainability

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