7C Solarparken AG

Earnings Release • May 9, 2008

News Details

Corporate | 9 May 2008 08:26

COLEXON Energy AG: Significant increase of turnover and EBIT in 1st quarter 2008

COLEXON Energy AG / Quarter Results

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

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COLEXON Energy AG, a system integrator for turnkey solar power plants,
today publishes its results for the first quarter 2008. In the first three
months of the year, the company could realise turnover of 26.3 million EUR,
and, with this, almost double turnover compared to the period of the
previous year (13.6 million EUR). At the same time, EBIT was increased from
178 TEUR to 952 TEUR in the first quarter 2008. The net result of the group
is at 520 TEUR (previous year: -50 TEUR).

As anticipated by the company, demand in the traditionally weakest quarter
in turnover of the solar industry, has increased considerably this year.
This is, on one hand, due to the boom in investment in Germany based on the
expected higher decrease of the feed-in tariffs as of 2009. On the other
hand, the relatively mild winter made timely project implementation
possible.

The Executive Board therefore confirms its forecast of turnover of 110
million EUR and EBIT of 6 million to 8 million EUR in the business year
2008.

The complete quarterly report is available for download on the company’s
website at
http://www.rpse.de/en/investor-relations/publications/financial-reports.ht
ml .

About COLEXON Energy AG
COLEXON Energy is one of the leading manufacturer-independent system
integrators in the photovoltaic sector. The operative subsidiaries design
and install turnkey photovoltaic plants for institutional and private
investors in Germany and abroad. COLEXON Energy AG is listed in the Prime
Standard at the German Stock Exchange in Frankfurt.

Contact:
COLEXON Energy AG
Heike Oelze
Email: oelze@colexon.de
Tel: +49 40 280031-0
Fax: +49 40 280031-101

09.05.2008 Financial News transmitted by DGAP

Language: English
Issuer: COLEXON Energy AG
Große Elbstraße 45
22767 Hamburg
Deutschland
Phone: +49(0)40 280031-0
Fax: +49(0)40 280031-101
E-mail: oelze@colexon.de
Internet: www.colexon.de
ISIN: DE0005250708
WKN: 525070
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf

End of News DGAP News-Service

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