DGAP-Adhoc

SolarWorld AG increases shipments in first half of 2015 by one third

SolarWorld AG / Key word(s): Preliminary Results/Half Year Results

03.08.2015 08:00

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Preliminary business results H1 2015

- SolarWorld AG increases shipments of solar modules and kits by 32
Prozent to 440 (H1 2014: 333) MW

- SolarWorld AG increases group revenue by 40 percent to EUR 320 (H1
2014: 228) million

- SolarWorld AG reaches EBITDA of EUR 10 million

In the first half of 2015, SolarWorld AG increased groupwide shipments of
solar power modules and kits by 32 percent to 440 (H1 2014: 333) MW. The
company achieved strong growth above all in the United States, where
SolarWorld was able to double its shipments. Due to the strong export
business, the foreign quota of shipments of modules and kits increased by 7
percentage points to 87 (H1 2014: 80) percent.

Consolidated revenue in H1 2015 grew stronger than shipments, increasing by
40 percent to EUR 320 (H1 2014: 228) million.

SolarWorld AG managed to improve its operating performance in the first
half of 2015 compared with the previous year, too. Earnings before
interest, taxes, depreciation and amortization (EBITDA) rose to EUR 10 (H1
2014, adusted for one-off effects: 1) million and earnings before interest
and taxes (EBIT) to EUR -12 (H1 2014, adjusted for one-off effects: -19)
million.

In Q2 2015, SolarWorld was able to continue the positive trend in its
operating performance of this year's Q1. EBITDA improved to EUR 7 (Q1 2015:
3) million and EBIT to EUR -4 (Q1 2014 -8) million.

At the end of the quarter, the group had liquid funds in an amount of EUR
141 (March 31, 2015: 148) million. The reduction can mainly be attributed
to interest payments and investments in the expansion of production
capacities.

The Management Board of SolarWorld AG confirms its forecast for the year
2015 with an increase of groupwide shipments by at least 25 percent versus
the previous year to more than one gigawatt as well as an increase of group
revenue by at least 25 percent to more than EUR 700 million. Furthermore,
SolarWorld will turn operating EBIT (2014: EUR -44 million) back into
positive territory in fiscal year 2015. EBITDA (excluding potential one-off
effects) in fiscal year 2015 should also exceed previous year's level
(2014: EUR 2 million) significantly.

Contact:
SolarWorld AG
Investor Relations
Phone: [phone]; Fax: [phone],
Email: [e-mail]; Web:
www.solarworld.de/en/investor-relations


03.08.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: SolarWorld AG
Martin-Luther-King-Straße 24
53175 Bonn
Germany
Phone: +49 (0)228 - 559 20 470
Fax: +49 (0)228 - 559 20 9470
E-mail: [e-mail]
Internet: www.solarworld.de
ISIN: DE000A1YCMM2, DE000A1YDDX6, DE000A1YCN14
WKN: A1YCMM, A1YDDX, A1YCN1
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Hamburg, Munich,
Stuttgart

End of Announcement DGAP News-Service

---------------------------------------------------------------------------