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centrotherm international AG: centrotherm reports high new order intake and achieves positive EBITDA in the first half of 2017

DGAP-News: centrotherm international AG / Key word(s): Half Year Results centrotherm international AG: centrotherm reports high new order intake and achieves positive EBITDA in the first half of 2017 10.08.2017 / 09:28 The issuer is solely responsible for the content of this announcement. Corporate News

centrotherm reports high new order intake and achieves positive EBITDA
in the first half of 2017

Blaubeuren, August 10, 2017 - The centrotherm Group won orders worth a total of EUR 106.8 million in the first half of 2017, significantly exceeding the previous year's level of EUR 89.5 million during the January 1 to June 30, 2016 period. Demand for centrotherm's PERC solar cell manufacturing solutions and for its FHR production equipment for modern coating technologies exerted a particularly positive impact on Group new order intake. The order book position amounted to EUR 167.3 million as of June 30, 2017. Moreover, centrotherm subsidiary FHR Anlagenbau GmbH (Thin Film & Customized Equipment segment) received a large-scale order after the reporting date from Manz AG to supply in-line coating equipment to manufacture highly efficient CIGS thin film modules.

The revenue of the centrotherm Group amounted to a total of EUR 52.6 million in the first six months of the 2017 financial year, with the leading technology and equipment supplier thereby reporting new order intake significantly above its level of sales revenue and reaching a book-to-bill ratio of 2.0. The renewed high level of total operating performance of EUR 73.5 million especially reflects the significant utilization of production capacity at the Blaubeuren site (prior-year period: EUR 75.9 million). Revenue totaling EUR 33.6 million was attributable to the Photovoltaics & Semiconductor segment, including also the final acceptance of a turnkey production line in India. Revenue in the Thin Film & Customized Equipment segment rose from EUR 7.6 million in the previous-year period to EUR 11.7 million. Revenue totaling EUR 7.3 million was generated in the Silicon segment (prior-year period: EUR 12.3 million).