Meyer Burger Technology AG — AGM Information 2009

May 18, 2009

News Details

Corporate | 18 May 2009 14:11

Roth & Rau AG: Annual General Meeting approves all agenda items with large majorities

Roth & Rau AG / AGM/EGM

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• Annual General Meeting approves all agenda items with large majorities
• Supervisory Board extends management board contract with
  Dr. Dietmar Roth until 2014

Hohenstein-Ernstthal, 18 May 2009 - The Annual General Meeting of Roth &
Rau AG held today in Hohenstein-Ernstthal approved all agenda items with
large majorities in each case. As well as ratifying the actions of the
Management and Supervisory Boards, shareholders also voted on the
utilization of unappropriated net profit, which is to be carried forward to
finance further growth. Furthermore, shareholders also authorised the
Management Board to acquire treasury stock shares and approved the creation
of authorised and conditional capital. 'This has provided us with
additional financing scope for the investments planned in the context of
our growth strategy. Research and development will be one of our focuses in
2009', explained Dr. Dietmar Roth, CEO of Roth & Rau AG.

At the meeting, the Management Board informed shareholders about the
Group's business performance in the past 2008 financial year and the first
quarter of 2009, as well as about its strategic alignment for the coming
years. The Group has had a very good start to the new year, achieving
substantial year-on-year improvements in sales and earnings in spite of the
ongoing economic downturn. Negative developments were seen, by contrast, in
new orders, which were affected by the reluctance shown by banks to finance
major projects. The complete report for the first quarter was published on
14 May 2009 and can be downloaded from the internet site of Roth & Rau AG.

'We were early to react to the emerging recession and accorded even greater
priority to consistent cost management in all divisions,' commented Dr.
Dietmar Roth. 'In our production divisions, we have already significantly
reduced the number of temporary employees and temporarily converted
production from two shifts to one shift a day.' At the same time, the
Management Board also affirmed its forecast for the 2009 financial year as
a whole. 'We are on target with our quarterly figures. For 2009, we
continue to expect to generate sales of between EUR 245 million and EUR 270
million, to acquire additional market share and to improve our EBIT margin
compared with the previous year', added CFO Carsten Bovenschen confidently.

Moreover, in his presentation, Dr. Dietmar Roth also informed shareholders
about the extension of his contract as CEO for a further five years until
2014. The company's founder and major shareholder, who has played a
decisive role in shaping the successful development of Roth & Rau AG, will
thus remain active in the operational management of the company in the
coming years as well.

About Roth & Rau AG:
Roth & Rau AG based in Hohenstein-Ernstthal (ISIN DE000A0JCZ51) is one of
the world's leading suppliers of technologies and production equipment for
the photovoltaics industry. Roth & Rau's photovoltaic division (PV) focuses
on providing antireflective coating facilities as well as fully automated
manufacturing lines (turnkey production lines) for the production of
crystalline silicon solar cells. Another focus is on the production of
coating facilities and turnkey production lines for the production of thin
film solar modules. The plasma and ion beam technology division (PIB)
produces plasma sources and ion beam sources as well as process systems for
plasma and ion beam enhanced thin film and surface processing methods.
Customers served by this division include, in particular, companies in the
semiconductor industry, R&D departments in various industries including
photovoltaics as well as research institutes and universities. The third
division, 'Other activities', comprises maintenance and service, software
products as well as other products and services. Roth & Rau AG posted EBIT
of EUR 28.5 million and sales of EUR 272.1 million pursuant to IFRS for the
2008 financial year and employed 606 people as of 31 December 2008. In the
first three months of 2009, the Group generated earnings before interest
and taxes of EUR 7.1 million on sales of EUR 66.1 million. The headcount
increased to 702 as at 31 March 2009.

Roth & Rau AG
Dr. Silvia Roth
Tel.: +49 (0) 3723/6685-333
E-Mail: investor@roth-rau.de

Haubrok Investor Relations GmbH
Simone Gorny
Tel.: +49 (0) 211/30126-130
E-Mail: s.gorny@haubrok.de

18.05.2009 Financial News transmitted by DGAP

Language: English
Issuer: Roth & Rau AG
An der Baumschule 6-8
09337 Hohenstein-Ernstthal
Deutschland
Phone: 03723 6685-0
Fax: 03723 6685-100
E-mail: info@roth-rau.de
Internet: www.roth-rau.de
ISIN: DE000A0JCZ51
WKN: A0JCZ5
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf

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