DGAP-News

SolarWorld AG increases shipments in 2014 more strongly than expected - Seite 2

to EUR 1 (H1 2013: -37) million.

Consolidated earnings before interest and taxes (EBIT) increased in the
first half of 2014 to EUR 81 (H1 2013: -59) million. Also adjusted for the
one-offs mentioned above, EBIT amounted to EUR -19 million.

After the company had made redemptions and payments of interest on debt
totaling EUR 34 million at the end of the second quarter as planned, the
company had liquid funds of EUR 159 million, a reduction of EUR 24 million,
compared with the end of the first quarter (March 31, 2014: EUR 183
million).

Outlook: Expectations for 2014 and 2015
While SolarWorld AG will exceed its shipment target for 2014, the company
probably will not reach its revenue target of more than EUR 680 million in
light of the shift in product mix and price reductions in the solar market.

For 2014, SolarWorld AG expects a positive EBITDA adjusted for the one-offs
mentioned above and the recognized impairment losses. Including all
one-offs, SolarWorld expects a positive consolidated result for the year in
a three digit million euro amount.

For 2015, SolarWorld AG confirms its forecast that it will be able to
achieve a positive operating result.

Consolidated Interim Report - first half of 2014:
http://www.solarworld.de/financial-reports

SolarWorld REAL VALUE: SolarWorld manufactures and sells solar power
solutions and in doing so contributes to a cleaner energy supply worldwide.
The group, headquartered in Bonn, Germany, employs approximately 3,200
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 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.de/en

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



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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: [e-mail]
Internet: www.solarworld.de
ISIN: DE000A1YCMM2, DE000A1YDDX6, DE000A1YCN14
WKN: A1YCMM, A1YDDX, A1YCN1
Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime
Standard); Freiverkehr in Berlin, Hamburg, München,
Stuttgart


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