27.05.2014
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DGAP-News: aleo solar AG i.L. records drop in revenue and negative earnings in the first quarter of 2014
DGAP-News: aleo solar AG i.L. / Key word(s): Quarter Results
aleo solar AG i.L. records drop in revenue and negative earnings in
the first quarter of 2014
27.05.2014 / 08:43
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aleo solar AG i.L. (ISIN: DE000A0JM634) today announced that it generated
revenue of EUR 11.7 million in the first three months of 2014, which means
that the company's revenue decreased by 62.5 percent compared with the
first three months of the previous year (EUR 31.1 million). Earnings before
interest and taxes (EBIT) amounted to EUR -29.0 million (EUR -16.3 million)
and earnings per share were EUR -2.39 (EUR -1.35). Production output fell
to 9.4 megawatts (43.4 MW).
In its European core markets, aleo solar AG i.L. is still faced with
rapidly shrinking markets. The uncertainty among customers caused by the
sale of key parts of the company's operating business that was reported at
the beginning of February 2014 has also put pressure on sales. The sale
became effective on 16 May 2014.
Contact:
Corporate Communications
aleo solar AG i.L. | Dr. Hermann Iding | Osterstraße 15 | 26122 Oldenburg |
Germany
T +49 (0) 441 219 88 - 390 | F +49 (0) 441 219 88 - 120
E [email protected] | www.as-abwicklung.de
End of Corporate News
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27.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: aleo solar AG i.L.
Marius-Eriksen Straße 1
17291 Prenzlau
Germany
Phone: +49 (0)3984 8328-0
Fax: +49 (0)3984 8328-115
E-mail: [email protected]
Internet: www.as-abwicklung.de
ISIN: DE000A0JM634
WKN: A0JM63
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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270602 27.05.2014
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