DGAP-Adhoc: SolarWorld Increases Operating Result by 51.8 per cent in the First Nine Months and Expects to Exceed the Profit Forecast for Fiscal Year 2008


SolarWorld AG / Quarter Results

03.11.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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SolarWorld AG further expanded sales and earnings by double digit
percentage amounts in the 3rd quarter of 2008. In 3Q group sales grew by
47.2 per cent to 238.3 (previous year: 161.9) million EUR and in the first
nine months by 41.5 per cent to 665.4 (previous year: 470.1) million EUR.
The operating result before interest and tax (EBIT) went up from July
through September by 67.3 per cent to 90.7 (previous year: 54.2) million
EUR and cumulatively as per September by 51.8 per cent to 209.3 (previous
year: 137.9) million EUR.
The group profit could be increased in the 3rd quarter by 17.3 per cent to
35.9 (previous year: 30.6) million EUR and in the first nine months by 56.1
per cent to 123.0 (previous year: 78.8) million EUR.
SolarWorld AG has thus consistently taken all currently predictable capital
market risks into consideration in its balance sheet.
The group-wide rate of international business amounted to 59 (previous
year: 49) per cent.

The Management Board of SolarWorld AG expects to exceed the profit forecast
for Fiscal Year 2008.


Contact:
SolarWorld AG Investor Relations / Marketing Communications
telephone number: +49 228 55920 -470; fax number: +49 228 55920-9470
E-mail: placement@solarworld.de; Internet: www.solarworld.de


DGAP 03.11.2008 
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Language:     English
Issuer:       SolarWorld AG
              Kurt-Schumacher-Straße 12-14
              53113 Bonn
              Deutschland
Phone:        +49 (0)228 - 559 20 470
Fax:          +49 (0)228 - 559 20 99
E-mail:       placement@solarworld.de
Internet:     www.solarworld.de
ISIN:         DE0005108401
WKN:          510840
Indices:      TecDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
              Freiverkehr in Berlin, München, Hamburg, Stuttgart;
              Terminbörse EUREX
End of News                                     DGAP News-Service
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