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centrotherm photovoltaics AG: centrotherm reports on H1 2015 - Seite 2

expansion plans. A more intense competitive situation and cost pressure in
the photovoltaic industry also affected new order intake. The Group intends
to improve new order intake trends in the short and medium term through
strengthening sales activities for new products in the Photovoltaic &
Semiconductor segment. Further development projects are aimed at
increasingly expanding the company's leading role as a technology and
systems supplier.
The order book position amounted to EUR 120.2 million as of June 30, 2015,
compared with EUR 150.3 million at the end of 2014. The change in the order
book position is chiefly attributable to progress achieved with the
polysilicon factory project in Qatar, and the processing of customer
projects in other business segments.

FY 2015 outlook
The Management Board of centrotherm photovoltaics AG expects that the 2015
forecast that was issued in the 2014 annual report can be achieved, despite
new order intake being weaker than planned during the first half of 2015,
especially in the photovoltaic area. The revenue target amounts to between
EUR 150 million and EUR 200 million, as in the previous year. The
Management Board also anticipates that the Group will break even. Attaining
the 2015 target depends on progress made with the large-scale project in
Qatar, and on higher demand from cell manufacturers for new centrotherm
production systems, and for its upgrade and services packages, during the
2015 financial year.

About centrotherm photovoltaics AG
centrotherm has been developing and realizing innovative thermal solutions
for over 50 years. As a leading and globally operating technology group, we
offer production solutions for the photovoltaic, semiconductor and
microelectronic industries.

The continuous further development of our successful solutions in thermal
processing and coating, such as for manufacturing crystalline solar cells
and power semiconductors, form the basis for our successful partnerships
with industry, research and development.

Our customers worldwide appreciate our production systems' process
stability, scalability and availability in mass production. Above and
beyond this, our work is distinguished by the fact that we create high-end
process technology solutions which are specific for our customers and
tailored to their requirements, and the fact that we are outstanding in
system building.

We jointly confront the daily challenges of setting new trends, maximizing
the efficiency of producing, for example, solar cells and semiconductors,