DGAP-Adhoc: SolarWorld AG: Financial results for first quarter of 2013

| Source: EQS Group AG EQS Group AG 

SolarWorld AG  / Key word(s): Preliminary Results

28.05.2013 15:14

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Ad hoc announcement pursuant to § 15 WpHG 

May 28, 2013
Ad hoc-Service der SolarWorld AG
(Securities Code No.: WKN 510 840)
(International Securities Identification Number: ISIN DE0005108401)

SolarWorld AG: Financial results for first quarter of 2013

In the first three months of the year, SolarWorld AG sold fewer solar power
modules and kits than in the same quarter last year. Groupwide shipments
reached 109 MW in the first quarter of 2013 (Q1 2012: 147 MW). The company
recorded a downturn above all in the domestic market of Germany. Main
reasons were the unusually severe and long winter weather as well as the
continuing restructuring process of SolarWorld. Declining shipments and
persistent price pressure have also led to a reduction in the consolidated
revenue compared to the first quarter last year. Including the solar wafer
business, SolarWorld AG achieved a total revenue of EUR 112.2 (Q1 2012: EUR
170.5) million.
Consolidated earnings before interest and taxes (EBIT) fell to EUR -36.2
(Q1 2012: EUR 26.6) million. Consolidated earnings for the first quarter
declined to EUR -40.0 (Q1 2012: EUR -0.3) million.

Bonn, May 28, 2013

SolarWorld AG
Management Board

Contact:
SolarWorld AG Investor Relations 
Phone: +49 228 55920-470; Fax: +49 228 55920-9470,
Email: placement@solarworld.de; Internet:
www.solarworld.de/en/investor-relations


28.05.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      SolarWorld AG
              Martin-Luther-King-Straße 24
              53175 Bonn
              Germany
Phone:        +49 (0)228 - 559 20 470
Fax:          +49 (0)228 - 559 20 9470
E-mail:       placement@solarworld.de
Internet:     www.solarworld.de
ISIN:         DE0005108401
WKN:          510840
Listed:       Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard);
              Freiverkehr in Berlin, Hamburg, München, Stuttgart;
              Terminbörse EUREX
 
End of Announcement                             DGAP News-Service
 
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