- Pressemitteilung BoxID 66647
aleo solar AG surpasses EUR 250 million sales mark
Uwe Bögershausen, CFO of aleo solar AG, sees his company developing according to plan: "Market development is as expected. Domestic business in particular will be picking up in the final months of the year. Among the international markets, Italy is recording the highest growth rates. Our other European markets also continue to grow, especially France and Greece. Rooftop installations, where the yield of solar modules is decisive, will become significantly more important in the Spanish market. This is a very positive development for a premium manufacturer such as aleo solar."
The Management Board confirms its goal of recording sales of at least EUR 330 million until the end of 2008, with the EBIT margin remaining solid. The share of international business will be approximately 40 percent.
aleo solar AG
aleo solar AG, with sales operations in Oldenburg (Lower Saxony) and manufacturing facilities in Prenzlau(Brandenburg), was formed in September 2001 and produces solar modules using silicon cells. Its facility in Prenzlau has an annual capacity of 90 megawatts and is currently being expanded to 180 megawatts.
At the beginning of 2007, production also started in Santa María de Palautordera (Spain), with an annual capacity of 10 megawatts. The Company generated revenue of EUR 242.1 million in 2007. The aleo solar Group currently employs 623 staff. Since July 2006, aleo solar AG has been listed in the Frankfurt Stock Exchange's Prime Standard (DE000A0JM634). The Company's acquisition of a 19% equity interest in the Brandenburg-based technology enterprise Johanna Solar Technology GmbH has given it access to the promising future technique of thin-film technology. Since the beginning of 2008, aleo solar AG has also had a 50% equity interest in avim solar production Co. Ltd., a joint venture with Sunvim Group Co. Ltd. that is establishing a solar module production facility in China.
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