DGAP-News
SolarWorld AG releases financial report for first three quarters of 2015
DGAP-News: SolarWorld AG / Key word(s): Quarter Results/9-month
figures
SolarWorld AG releases financial report for first three quarters of
2015
13.11.2015 / 08:50
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In its group interim report released today, SolarWorld AG shows a good
development of its business in the first three quarters of 2015 and
confirms its preliminary figures. In the first nine months of 2015,
SolarWorld achieved strong growth of groupwide shipments (+25 percent to
784 megawatts) and of group revenue (+30 percent to EUR 532 million). For
the full year of 2015, SolarWorld expects to exceed its shipment forecast
of one gigawatt and forecast of group revenue of EUR 700 million.
For September 2015, SolarWorld achieved positive operating earnings before
interest and taxes (EBIT without one-off effects) on a groupwide level for
the first time again. SolarWorld is aiming to reach positive EBIT in the
fourth quarter of 2015, too. In the first three quarters 2015, EBIT
improved to EUR -18 (Q1-Q3 2014, adjusted for one-off effects: -29)
million. Earnings before interest, taxes, depreciation and amortization
(EBITDA) rose to EUR 15 (Q1-Q3 2014, adjusted for one-off effects: 1.5)
million.
Group interim report of SolarWorld AG for the first three quarters 2015:
www.solarworld.de/financial-reports
SolarWorld REAL VALUE: SolarWorld manufactures and sells high-tech solar
power solutions and in doing so contributes to a cleaner energy supply
worldwide. The group, headquartered in Bonn, Germany, employs approximately
3,700 people and carries out production in Freiberg, Germany; Arnstadt,
Germany; and Hillsboro, USA. From raw material silicon to solar wafers,
cells and modules, SolarWorld manages all stages of production ‒ including
its own research and development. Through an international distribution
network with locations in Europe, USA, Singapore, Japan and South Africa,
SolarWorld supplies customers all over the world. The company maintains
high social standards at all locations across the globe, and has committed
itself to resource- and energy-efficient production. SolarWorld was founded
in 1998 and has been publically traded on the stock market since 1999. More
information at www.solarworld.com
Contact:
SolarWorld AG
Investor Relations
Phone: +49 228 55920-470;
Email: placement@solarworld.com; Web:
www.solarworld.de/en/investor-relations
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13.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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: placement@solarworld.com
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 News DGAP News Service
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412777 13.11.2015
In its group interim report released today, SolarWorld AG shows a good
development of its business in the first three quarters of 2015 and
confirms its preliminary figures. In the first nine months of 2015,
SolarWorld achieved strong growth of groupwide shipments (+25 percent to
784 megawatts) and of group revenue (+30 percent to EUR 532 million). For
the full year of 2015, SolarWorld expects to exceed its shipment forecast
of one gigawatt and forecast of group revenue of EUR 700 million.
For September 2015, SolarWorld achieved positive operating earnings before
interest and taxes (EBIT without one-off effects) on a groupwide level for
the first time again. SolarWorld is aiming to reach positive EBIT in the
fourth quarter of 2015, too. In the first three quarters 2015, EBIT
improved to EUR -18 (Q1-Q3 2014, adjusted for one-off effects: -29)
million. Earnings before interest, taxes, depreciation and amortization
(EBITDA) rose to EUR 15 (Q1-Q3 2014, adjusted for one-off effects: 1.5)
million.
Group interim report of SolarWorld AG for the first three quarters 2015:
www.solarworld.de/financial-reports
SolarWorld REAL VALUE: SolarWorld manufactures and sells high-tech solar
power solutions and in doing so contributes to a cleaner energy supply
worldwide. The group, headquartered in Bonn, Germany, employs approximately
3,700 people and carries out production in Freiberg, Germany; Arnstadt,
Germany; and Hillsboro, USA. From raw material silicon to solar wafers,
cells and modules, SolarWorld manages all stages of production ‒ including
its own research and development. Through an international distribution
network with locations in Europe, USA, Singapore, Japan and South Africa,
SolarWorld supplies customers all over the world. The company maintains
high social standards at all locations across the globe, and has committed
itself to resource- and energy-efficient production. SolarWorld was founded
in 1998 and has been publically traded on the stock market since 1999. More
information at www.solarworld.com
Contact:
SolarWorld AG
Investor Relations
Phone: +49 228 55920-470;
Email: placement@solarworld.com; Web:
www.solarworld.de/en/investor-relations
---------------------------------------------------------------------
13.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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: placement@solarworld.com
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 News DGAP News Service
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412777 13.11.2015
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