NEWS
SolarWorld AG Meets First Quarter 2008 Forecast
SOLAR ENERGY NEWS CENTER



April 29, 2008

Bonn, Germany: SolarWorld AG Meets First Quarter 2008 Forecast

In the first quarter of 2008 SolarWorld AG significantly expanded its national and international solar business.

Group sales increased over the previous year by 28 per cent to 167.5 (prior year: 131.1) million EUR.

The operating result before interest and taxes (EBIT) rose by 37 per cent to 39.2 (prior year: 28.7) million EUR.

Taking into consideration special effects like the sale of shares in Gällivare PhotoVoltaic AB (GPV) amounting to 12.8 million EUR and allowing for a financial result of -13.2 million EUR SolarWorld AG generated a consolidated net profit of 34.8 (prior year: 21.4) million EUR in the first quarter of fiscal year 2008.


Further details about: SolarWorld AG

 


© 2008 Solarbuzz, LLC. All rights reserved.