aleo solar AG lifts revenue in the first six months of 2010 to EUR 277 million
11.08.2010 - Press release
aleo solar AG (ISIN: DE000A0JM634) today announced that it generated revenue of EUR 277.0 million in the first six months of 2010. This means that aleo solar's revenue increased by 134.5% compared with the first six months of 2009 (EUR 118.1 million). Earnings before interest and taxes (EBIT) amounted to EUR 29.3 million and the earnings per share were EUR 1.68 (EUR -0.27).
Onwards, to the sun!
aleo solar AG develops and produces high-quality solar modules for Germany as well as for the international market. In Prenzlau (Brandenburg), the company has one of the largest and most modern production facilities in Europe. The top-quality modules which are produced there are mostly marketed via the marketing subsidiary aleo solar Deutschland GmbH under the aleo brand name.
By means of a consistent branding policy, the company has succeeded in establishing the aleo brand in the market. Today, we and our partners benefit from a well-established brand.
aleo views itself as a competent partner for specialized traders. End-customers can only purchase our products via an extensive and well-established network of partners. The specialized traders concept has enabled aleo to build up a wide-ranging and extensive client base in Germany. This ensures both close proximity to the end-customer, and professional installation.