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Meyer Burger Technology AG — Earnings Release 2010
Dec 28, 2010
930_rns_2010-12-28_2f982427-0330-497b-8755-d6ca8df54129.html
Earnings Release
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News Details
Ad-hoc | 28 December 2010 12:40
Roth & Rau AG: Earnings performance in current 2010 financial year negatively affected by write-downs
Roth & Rau AG / Key word(s): Profit Warning
28.12.2010 12:40
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Roth & Rau AG: Earnings performance in current 2010 financial year
negatively affected by write-downs
Hohenstein-Ernstthal, 28 December 2010 - Given the surprise announcement by
SpectraWatt Inc., a US solar cell manufacturer and customer of Roth & Rau
AG, that it presumably will discontinue trading, for economic reasons, in
the first quarter of 2011, and the resultant risk of insolvency on the part
of SpectraWatt, Roth & Rau AG expects to have to post write-downs of
approximately EUR 12.5 million as of 31 December 2010. In view of this
circumstance, the company will be unable to meet the level of sales and
earnings it has forecast for the 2010 financial year as a whole. The
Management Board will publish an adjusted forecast following further
analysis.
Contact:
Roth & Rau AG
Prof. Dr. Silvia Roth
Tel.: +49 (0) 174/3439343 or +49 (0) 174/3439340
E-Mail: [email protected]
Haubrok Investor Relations GmbH
Simone Cujai
Tel.: +49 (0) 211/17183537
E-Mail: [email protected]
28.12.2010 DGAP's Distribution Services include Regulatory Announcements,
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Language: English
Company: Roth & Rau AG
An der Baumschule 6-8
09337 Hohenstein-Ernstthal
Deutschland
Phone: 03723 6685-0
Fax: 03723 6685-100
E-mail: [email protected]
Internet: www.roth-rau.de
ISIN: DE000A0JCZ51
WKN: A0JCZ5
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service