DGAP-Adhoc: SolarWorld AG: Group Sales, Operating Result and Net Income Precisely on Forecast with Increase of More Than 30 Per Cent in 2008


SolarWorld AG / Final Results

13.02.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------

In fiscal year 2008 SolarWorld AG generated sustainable growth of its
national and international solar business. Against the backdrop of a
vigorous demand group sales hit the forecast precisely by achieving an
increase over the previous year of more than 30 per cent to 900 (previous
year: 690) million  EUR. The operating result before taxes and interest
(EBIT) also grew by more than 30 per cent to 260 (previous year: 199)
million EUR reflecting the growth of the group along the entire value
chain. By the same token net income for the year went up by 33 per cent to
150 (previous year: 113) million EUR. Adjusted for special effects the
group increased its EBIT by 49 per cent to 254 (previous year: 171) million
EUR and the result from continued activities by 39 per cent to 132
(previous year: 95) million EUR.
January sales in 2009 exceeded those of the same period last year in spite
of the current temperatures not being conducive to outside assembly work.
This is an indication of the continued readiness of customers to invest in
solar power technology. 

Contact:
SolarWorld AG Investor Relations / Corporate Communications
Tel. No.: 0228/55920-470; Fax No.: 0228/55920-9470,
E-Mail: placement@solarworld.de; Internet: www.solarworld.de


DGAP 13.02.2009 
---------------------------------------------------------------------------
Language:     English
Issuer:       SolarWorld AG
              Martin-Luther-King-Straße 24
              53175 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
---------------------------------------------------------------------------