21.03.2017
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DGAP-Adhoc: SolarWorld AG: Notice for individual company pursuant to Sec. 92 (1) AktG and confirmation of preliminary figures 2016 for SolarWorld Group and of forecast 2017
DGAP-Ad-hoc: SolarWorld AG / Key word(s): Final Results/AGM/EGM
SolarWorld AG: Notice for individual company pursuant to Sec. 92 (1) AktG
and confirmation of preliminary figures 2016 for SolarWorld Group and of
forecast 2017
21-March-2017 / 14:32 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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SolarWorld AG: Notice for individual company pursuant to Sec. 92 (1) AktG
and confirmation of preliminary figures 2016 for SolarWorld Group and of
forecast 2017
The Management Board of SolarWorld AG notifies that a loss has occurred in
the amount of one half of the nominal share capital (Sec. 92 (1) of the
German Stock Corporations Act - AktG). This loss mainly results from
provisions and impairments with regard to measures to focus business
activities and cut costs, which have been initiated to enhance the earnings
power of the individual company and the SolarWorld Group.
Equity in the individual financial statements of SolarWorld AG prepared
according to the German Commercial Code (HGB) for fiscal year 2016 decreased
to EUR 2.6 (December 31, 2015: 30.8) million because of losses after taxes
amounting to EUR 28.2 million.
Pursuant to Sec. 92 (1) AktG, the Management Board will convene a
shareholders' meeting.
As at December 31, 2016, equity of the SolarWorld group including all
subsidiaries amounted to EUR 120.5 million. This equals an equity ratio of
18 percent. Moreover, the Management Board confirms the financial figures of
the group for fiscal year 2016 announced on February 10, 2017, as well as
its forecast for 2017. The report will be released on March 29, 2017, as
planned.
Contact:
SolarWorld AG
Investor Relations
Phone: +49 228 55920-470; Fax: +49 228 55920-9470,
Email: [email protected]; Web:
www.solarworld.de/en/investor-relations
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21-March-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: SolarWorld AG
Martin-Luther-King-Straße 24
53175 Bonn
Germany
Phone: +49 (0)228 - 559 20 470
Fax: +49 (0)228 - 559 20 9470
E-mail: [email protected]
Internet: www.solarworld.de
ISIN: DE000A1YCMM2, DE000A1YDDX6, DE000A1YCN14
WKN: A1YCMM, A1YDDX, A1YCN1
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime
Standard); Regulated Unofficial Market in Berlin, Hamburg,
Hanover, Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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556349 21-March-2017 CET/CEST
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