aleo solar AG (ISIN: DE000A0JM634) has announced its results for the first nine months of 2007: Revenue amounted to EUR 158.6 million, while in the prior-year period it was EUR 77.6 million (+104.3%). From July to September 2007, the Company generated the highest three-month revenue in its history (EUR 68.5 million). EBIT for the first nine months of 2007 amounted to EUR 10.7 million (prior-year period: EUR 6.8 million), corresponding to a solid EBIT margin of 6.8%. Earnings per share totalled EUR 0.49 (prior-year period: EUR 0.30) and the proportion of international revenue was 32.6% (first nine months of 2006: 9.2%). The Company increased its production output to 62.6 MW (first nine months of 2006: 33.4 MW). For full-year 2007, it is continuing to expect organic growth of at least EUR 200 million in revenue, accompanied by a solid EBIT margin.
Uwe Bögershausen, member of the Management Board (CFO) of aleo solar AG, points out the Company’s rapid growth: "The market is very dynamic and allows us to grow quickly. We are reacting accordingly by expanding our production capacities and European sales network. In the process, we are concentrating on our core business – the production and sale of solar modules. This is leading to strong, purely organic growth as our figures prove."
The Company is lifting its 2008 revenue forecasts to between EUR 270 million and EUR 300 million, and is anticipating an ongoing solid EBIT margin. International revenue will amount to around 35% of the total in 2008.
aleo solar AG is focussing systematically on solid organic growth with the production of premium modules, and on its own sales team. The Company has a very well-established and strong brand and is reiterating its goal of generating 50% of its revenue abroad by 2010. Its 19% stake in Johanna Solar Technology GmbH, which is constructing the largest CIGSSe thin film factory in the world, gives aleo solar access to an attractive new type of solar module that will extend its premium product range from 2008 onwards.
Uwe Bögershausen, member of the Management Board (CFO) of aleo solar AG, points out the Company’s rapid growth: "The market is very dynamic and allows us to grow quickly. We are reacting accordingly by expanding our production capacities and European sales network. In the process, we are concentrating on our core business – the production and sale of solar modules. This is leading to strong, purely organic growth as our figures prove."
The Company is lifting its 2008 revenue forecasts to between EUR 270 million and EUR 300 million, and is anticipating an ongoing solid EBIT margin. International revenue will amount to around 35% of the total in 2008.
aleo solar AG is focussing systematically on solid organic growth with the production of premium modules, and on its own sales team. The Company has a very well-established and strong brand and is reiterating its goal of generating 50% of its revenue abroad by 2010. Its 19% stake in Johanna Solar Technology GmbH, which is constructing the largest CIGSSe thin film factory in the world, gives aleo solar access to an attractive new type of solar module that will extend its premium product range from 2008 onwards.
