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634
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Centrosolar Group AG: Sales volume increased slightly - drive to internationalise continues - Seite 2
634 
0 Kommentaremillion (compared with a profit of EUR 0.3 million in the previous year).
The net earnings per share came to EUR -0.26 (previous year EUR -0.04).
Since prices again fell markedly in the first quarter and the financial
incentives available in Germany and Italy are seemingly becoming less and
less attractive, the company expects that its revenue for the year will be
towards the lower end of the range previously forecast of EUR 250 to 300
million. CENTROSOLAR still expects the operating result to show a
year-on-year improvement.
The sharp falls in the prices of photovoltaic systems make the levelised
cost of solar power already lower than retail electricity prices in many
markets, and in some cases quite significantly cheaper. Roof systems that
generate power for internal consumption are therefore the first solutions
that can compete with electricity bought from a utility company.
CENTROSOLAR has always tailored its strategy to the segment of small to
medium-size roof systems and secured a strong competitive position in that
area. Furthermore, CENTROSOLAR considers itself to be a leading developer
of solutions for maximising the amount of power that can be used by the
owner - as exemplified by its new combined PV and heat-pump system.
CENTROSOLAR considers itself to be well placed to pull through the current
environment of consolidation and corner a larger share of the industry´s
growth following this phase of consolidation. Thanks to having built up a
strong sales organisation over a number of years, along with its flexible
purchasing policy and its continuous improvement processes aimed at
optimising costs, the company has long been prepared for tackling an
intensely competitive environment. CENTROSOLAR is moreover able to set
itself apart from the competition by focusing on roof systems and being
able to offer patented key components such as its anti-reflective coated
solar glass. With its broad-based financing structure, the company has
furthermore given itself leeway and reduced its dependence on individual
lenders.
Information and Explaination of the Issuer to this News:
About CENTROSOLAR Group AG:
The listed company CENTROSOLAR Group AG, Munich, (stock exchange code WKN
514850) is one of the leading suppliers of photovoltaic (PV) systems for
roofs and key components, with over 1,000 employees in Europe and North
America and annual revenue of almost EUR 300 million (2011). Its product
range comprises solar integrated systems, modules, inverters, mounting
systems and solar glass. Over half of revenue is generated internationally.
There are CENTROSOLAR branches in Spain, Italy, France, Greece,
Switzerland, the Netherlands, the UK, Canada and the USA.
CENTROSOLAR manufactures solar glass at plants in Germany and China as well
as photovoltaic modules at a production plant in Wismar (Germany). Over
recent years, the production lines for the finishing of glass have been
substantially extended in response to rising demand and now have an annual
production capacity of eight million square metres. Module manufacturing,
too, has seen a considerable increase. The module plant certified to DIN
ISO 9001:2008 in Wismar is one of the largest and most efficient such
plants in Europe, with an annual capacity of 350 MWp. For further
information, visit: www.centrosolar-group.com.
For more information, please contact:
MetaCom Corporate Communications GmbH
Georg Biekehör
tel.: +49 (0)6181 9828030
e-mail: g.biekehoer@go-metacom.de
11.05.2012 DGAP´s 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: Centrosolar Group AG
Walter-Gropius-Str. 15
80807 München
Germany
Phone: +49 (0)89 20 1800
Fax: +49 (0)89 20 180 555
E-mail: info@centrosolar.com
Internet: http://www.centrosolar-group.de
ISIN: DE0005148506
WKN: 514850
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service
cost of solar power already lower than retail electricity prices in many
markets, and in some cases quite significantly cheaper. Roof systems that
generate power for internal consumption are therefore the first solutions
that can compete with electricity bought from a utility company.
CENTROSOLAR has always tailored its strategy to the segment of small to
medium-size roof systems and secured a strong competitive position in that
area. Furthermore, CENTROSOLAR considers itself to be a leading developer
of solutions for maximising the amount of power that can be used by the
owner - as exemplified by its new combined PV and heat-pump system.
CENTROSOLAR considers itself to be well placed to pull through the current
environment of consolidation and corner a larger share of the industry´s
growth following this phase of consolidation. Thanks to having built up a
strong sales organisation over a number of years, along with its flexible
purchasing policy and its continuous improvement processes aimed at
optimising costs, the company has long been prepared for tackling an
intensely competitive environment. CENTROSOLAR is moreover able to set
itself apart from the competition by focusing on roof systems and being
able to offer patented key components such as its anti-reflective coated
solar glass. With its broad-based financing structure, the company has
furthermore given itself leeway and reduced its dependence on individual
lenders.
Information and Explaination of the Issuer to this News:
About CENTROSOLAR Group AG:
The listed company CENTROSOLAR Group AG, Munich, (stock exchange code WKN
514850) is one of the leading suppliers of photovoltaic (PV) systems for
roofs and key components, with over 1,000 employees in Europe and North
America and annual revenue of almost EUR 300 million (2011). Its product
range comprises solar integrated systems, modules, inverters, mounting
systems and solar glass. Over half of revenue is generated internationally.
There are CENTROSOLAR branches in Spain, Italy, France, Greece,
Switzerland, the Netherlands, the UK, Canada and the USA.
CENTROSOLAR manufactures solar glass at plants in Germany and China as well
as photovoltaic modules at a production plant in Wismar (Germany). Over
recent years, the production lines for the finishing of glass have been
substantially extended in response to rising demand and now have an annual
production capacity of eight million square metres. Module manufacturing,
too, has seen a considerable increase. The module plant certified to DIN
ISO 9001:2008 in Wismar is one of the largest and most efficient such
plants in Europe, with an annual capacity of 350 MWp. For further
information, visit: www.centrosolar-group.com.
For more information, please contact:
MetaCom Corporate Communications GmbH
Georg Biekehör
tel.: +49 (0)6181 9828030
e-mail: g.biekehoer@go-metacom.de
11.05.2012 DGAP´s 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: Centrosolar Group AG
Walter-Gropius-Str. 15
80807 München
Germany
Phone: +49 (0)89 20 1800
Fax: +49 (0)89 20 180 555
E-mail: info@centrosolar.com
Internet: http://www.centrosolar-group.de
ISIN: DE0005148506
WKN: 514850
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service
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