SolarWorld AG / Key word(s): Preliminary Results/9-month figures 28.10.2014 11:22 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- SolarWorld AG raised its groupwide shipments of solar modules and kits in the third quarter 2014 by 50 percent to 270 (Q3 2013: 180) MW. Compared with the prior quarter (Q2 2014: 193 MW), the group increased its shipments by almost 40 percent. Overall, SolarWorld AG reached shipments of 602 (Q1-Q3 2013: 390) MW in the first three quarters of 2014, an increase by 54 percent compared with the same period last year. By mid-September, the group exceeded the level of shipments reached in 2013 as a whole (548 MW). The United States were the largest individual market of the group. In the third quarter 2014 alone, SolarWorld placed more than 42 percent of total shipments in this market (Q3 2013: 22 percent). Compared with the prior year, shipments in SolarWorld's European export markets and Japan rose in the first three quarters of 2014 considerably, too. Moreover, against the negative trend in the overall German solar market, SolarWorld managed to grow lightly in Germany and thus to raise its market share. The group was able to increase its consolidated revenue in the third quarter 2014 by 26 percent to EUR 181 (Q3 2013: 144) million. In the first nine months of 2014, the group increased its consolidated revenue by 18 percent to EUR 409 (Q1-Q3 2013: 346) million compared with the same period last year. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) improved in the third quarter to EUR 6 (Q3 2013: -26) million and thus turned positive again. In the first three quarters of 2014, EBITDA rose to EUR 107 (Q1-Q3 2013: -63) million compared with the same period last year. Consolidated earnings before interest and taxes (EBIT) in the third quarter 2014 amounted to EUR -4 (Q3 2013: -36) million. In the first nine months 2014, EBIT was EUR 77 (Q1-Q3 2013: -95) million. As at the cut-off date September 30, 2014, the group had liquid funds of EUR 151 (June 30, 2014: 159) million after it had made interest payments amounting to EUR 7 million as planned. Contact: SolarWorld AG Investor Relations Phone: +49 228 55920-470; Fax: +49 228 55920-9470, Email: placement@solarworld.de; Web: www.solarworld.de/en/investor-relations 28.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: SolarWorld AG Martin-Luther-King-StraÃe 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: DE000A1YCMM2, DE000A1YDDX6, DE000A1YCN14 WKN: A1YCMM, A1YDDX, A1YCN1 Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: SolarWorld AG announces preliminary business results for third quarter 2014
| Source: EQS Group AG