DGAP-Adhoc: SOLON SE: SOLON SE increases revenues to more

SOLON SE / Preliminary Results

24.02.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Berlin, February 24, 2009 - SOLON SE, Berlin, Germany (ISIN DE0007471195)
presents its preliminary figures for fiscal year 2008 today. The figures
show that the company was again one of the fastest growing solar companies
in Germany last year. SOLON increased production volume by 49% to 176 MWp
(2007: 118 MWp). Group revenues increased by 62% to EUR815 million (2007:
EUR503.1 million). Earnings before interest and tax (EBIT) rose by 70% to
EUR60 million (2007: EUR35.2 million).

Net income after minority interests rose by 50% to EUR32 million (2007:
EUR21.3 million). Earnings per share improved to EUR2.55 (2007: EUR2.07).

The SOLON Group currently has five production sites in Germany, Austria,
Italy and the U.S. The production capacity of these sites was expanded to
450 MWp in 2008. The greatest expansion was at the Greifswald, Germany and
Carmignano, Italy locations. The number of employees at all locations
increased throughout the year to 886.

The company sees 2009 and the following fiscal years as having the
potential for further growth. However, because of the difficult economic
situation and the development of key markets (U.S., Southern Europe), which
cannot yet be reliably estimated, the visibility for the current year
continues to be limited. For that reason, the Management Board considers it
reasonable not to provide a specific forecast for fiscal year 2009 until
during the course of the year.

The complete 2008 annual report of SOLON SE will be published on April 2,
2009 and will then be available for download on the company's website at
www.solon.com.

SOLON SE 
Therese Raatz 
Investor Relations 
Telefon: +49 / 30 / 818 79 - 9305
Telefax: +49 / 30 / 818 79 - 9999
E-Mail: investor@solon.com
DGAP 24.02.2009 
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Language:     English
Issuer:       SOLON SE
              Am Studio 16
              12489 Berlin
              Deutschland
Phone:        +49 (0)30 81 87 9-9305
Fax:          +49 (0)30 81 87 9-9999
E-mail:       investor@solon.com
Internet:     www.solon.com
ISIN:         DE0007471195, DE 000 A0S TYS 2, 
WKN:          747119, A0S TYS 
Indices:      TecDAX
Listed:       Regulierter Markt in Berlin, Frankfurt (Prime Standard);
              Freiverkehr in Hannover, München, Hamburg, Düsseldorf,
              Stuttgart
End of News                                     DGAP News-Service
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DGAP-Adhoc: SOLON SE: SOLON SE increases revenues to more than EUR800 million
