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Meyer Burger Technology AG — Earnings Release 2008
Feb 6, 2008
930_rns_2008-02-06_704a74ce-9778-47df-9001-5c743655be64.html
Earnings Release
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Corporate | 6 February 2008 09:54
Roth & Rau AG: Management Board raises its sales forecast for FY 2008
Roth & Rau AG / Forecast
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
Operative growth continues apace
– Record order volume in January
– Management Board raises its sales forecast for FY 2008
Hohenstein-Ernstthal, 6. February 2008 – Roth & Rau AG has reported an
extremely successful start to the new financial year. The dynamic
development in orders seen in the past year has continued in the first
weeks of 2008. While orders of around Euro 247 million were recorded in the
past year, new orders with a total volume of around Euro 46 million
followed in January already. In a single month, order volumes have thus
exceeded total annual sales for the 2006 financial year. At more than Euro
33 million, the largest share of these orders involves a major order placed
by the Chinese company Changzhou Trina Solar Energy Co. Ltd. for the supply
of 29 SiNA® series antireflective coating facilities. The company expects
this major order to generate sales of around Euro 7 million in the 2008
financial year. Half of the remaining sales of around Euro 26 million
expected to result from this major order will be generated in 2009 and half
in 2010. Furthermore, the company’s Swiss cooperation partner OC Oerlikon
Balzers AG has ordered further TCO facilities for thin layer solar
technology, which are scheduled to be delivered in the third and fourth
quarters of 2008. As well as the orders placed for photovoltaic products,
incoming orders also include orders at the company’s second business
division, plasma and ion beam technology.
Based on these developments and given the ongoing positive growth outlook
for the overall photovoltaic sector, the Management Board is raising its
sales forecast for the 2008 financial year from Euro 200 million to at
least Euro 235 million. In respect of the company’s earnings performance,
CFO Carsten Bovenschen added that 'in the current financial year we will be
focusing more closely on optimising our internal processes in order to
improve our cost structures and thus to positively influence the
development in our margin.'
About Roth & Rau AG:
Roth & Rau AG (ISIN DE000A0JCZ51) develops and manufactures equipment and
process systems on the basis of plasma and ion beam technology and supplies
these to a global customer base in a wide variety of sectors. Roth & Rau’s
photovoltaic business field focuses on providing antireflective coating
facilities for crystalline silicon solar cells. With a global market share
(excluding Japan) of around 60 %, Roth & Rau one of the leading suppliers
in this area. The company’s second business field of plasma and ion beam
technology, which accounted for around 15 % of total sales in the financial
year 2006, develops equipment for the semiconductor and automotive
industries, as well as for research and development in various
sectors.
Contact:
Haubrok Investor Relations GmbH
Simone Gorny
Kaistraße 16
40221 Düsseldorf
Tel.: +49 (0) 211/30126-130
Fax: +49 (0)211/30126-172
E-Mail: [email protected]
06.02.2008 Financial News transmitted by DGAP
Language: English
Issuer: Roth & Rau AG
Gewerbering 3 OT Wüstenbrand
09337 Hohenstein-Ernstthal
Deutschland
Phone: 0372349880
Fax: 03723 498825
E-mail: [email protected]
Internet: www.roth-rau.de
ISIN: DE000A0JCZ51
WKN: A0JCZ5
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Entry
Standard in Frankfurt
End of News DGAP News-Service