aleo solar AG [ISIN: DE000A0JM634] today announced that, based on preliminary calculations, it expects to have achieved revenue of EUR 553.6 million and a very solid EBIT margin in financial year 2010.
aleo solar AG has supplied the solar modules for a 5.5 megawatt solar farm in Italy for one of the largest open-area projects in the company's history to date. Approximately 24,000 avim a_18 type modules have been installed in Corinaldo (in the province of Marches). The modules are manufactured by avim solar production Co. Ltd. in Gaomi, China, a joint venture company of aleo solar AG.
aleo solar today announced that it has received MCS certification for its poly- and monocrystalline solar modules. This ensures that operators of solar power plants with aleo modules will be able to benefit from UK feed-in subsidies. Certification is granted by the British Approvals Board for Telecommunications (BABT), working in partnership with TÜV Süd.
aleo solar AG (ISIN: DE000A0JM634) today announced that it generated revenue of EUR 412.1 million in the first nine months of 2010. This means that aleo solar's revenue increased by 86.6% compared with the first nine months of 2009 (EUR 220.8 million).
aleo solar AG (ISIN: DE000A0JM634) today announced that it will increase the total annual production capacity of its three factories from 250 megawatts (MW) to 390 MW by the end of the coming year. Around EUR 20 million is being invested in the expansion, which will create a total of 100 new jobs.
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).
aleo solar AG [ISIN: DE000A0JM634] announced that it expects to report consolidated revenue of at least EUR 480 million for 2010. The company further anticipates a solid EBIT margin. According to preliminary calculations, revenue in the first six months of 2010 already amounted to EUR 277 million.
aleo solar AG today announced that its shareholders on Thursday very clearly endorsed the Management Board's strategy at the Company's fourth Annual General Meeting (AGM). The actions of both the Management Board and the Supervisory Board were formally approved by a large majority. All other proposed resolutions were also adopted by a large majority of at least 99 percent.
aleo solar AG today announced that it will be showcasing some new additions to its product portfolio at Intersolar 2010, which takes place from 9 to 11 June in Munich. Exhibits will include two thin-film module types, specially framed modules for roof-integrated installations and equipment for optimising private consumption.
aleo solar AG (ISIN: DE000A0JM634) today announced that it generated revenue of EUR 96.5 million in the first three months of 2010. This was a 215% increase compared to the same period last year (EUR 30.6 million).
aleo solar AG produces and distributes premium solar modules and systems for the international photovoltaic market. Since 2009, the Bosch Group has owned a majority of the company (DE000A0JM634), which was originally founded in 2001 and has been listed on the stock exchange since 2006. The premium manufacturer currently has approximately 800 employees and is represented in the key photovoltaic markets in Europe. The aleo solar group has an annual production capacity of 280 megawatts at its plant in Prenzlau, Germany. The company generated a turnover of € 279.9 million in 2012.
aleo solar AG
Dr. Hermann Iding
26122 Oldenburg Germany
T +49 (0) 441 219 88 - 0
F +49 (0) 441 219 88 - 120