30.08.2014 S.A.G. Solarstrom AG  DE0007021008

DGAP-Adhoc: S.A.G. Solarstrom AG: Shunfeng Group takes over operative business and assets of S.A.G. Solarstrom AG


 
S.A.G. Solarstrom AG / Key word(s): Acquisition 30.08.2014 18:04 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Shunfeng Group takes over operative business and assets of S.A.G. Solarstrom AG Freiburg i. Br., August 30, 2014. S.A.G. Solarstrom AG (under insolvency proceedings) (German security identification number: 702 100, ISIN: DE0007021008) today concluded a contract for the acquisition of operative business operations, including all assets of the S.A.G. Solarstrom Group, with SF Suntech Deutschland GmbH, a subsidiary of Shunfeng Photovoltaic International Ltd. (SF-PV). The purchase price is EUR65 million. The contract is possibly subject to the approval of the shareholders of SF-PV. If contains the usual price adjustment mechanisms and is subject to the release of securities as well as to merger clearance checks. As part of a transferred reorganization scheme, the operative business of the S.A.G. Solarstrom Group, together with all its business areas, will be continued by the investor. All jobs will remain secured and additional jobs are expected to be generated under the planned growth strategy. In December 2013, S.A.G. Solarstrom AG filed for insolvency due to delayed cash inflow in the amount of over EUR20 million. At the time when insolvency was filed, the company was not over-indebted in accounting terms. However, according to the current status, it must be assumed that the company's equity on the commercial balance sheet will be negative, so that S.A.G. Solarstrom AG's shareholders will not receive any return flows on their invested capital. After the transaction has been concluded, it is expected that the limited company will be withdrawn from the stock exchange and liquidated during the further course of the insolvency proceedings. According to the assessment of the insolvency administrator Dr. Jörg Nerlich, S.A.G. Solarstrom AG's creditors, including the creditors of the two bonds listed in the Entry Standard for corporate bonds, can expect a successful conclusion of the investor process with an above-average insolvency quota of almost 50%. However, depending on the actual result, the insolvency quota might also be considerably below or above this value. Contact: S.A.G. Solarstrom AG Sasbacher Straße 5 79111 Freiburg Germany www.solarstromag.com Public Relations / Investor Relations Jutta Lorberg phone: +49-(0)761-4770-311 e-mail: [email protected] / [email protected] --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: About S.A.G. Solarstrom AG S.A.G. Solarstrom AG (German security identification number: 702 100, ISIN: DE0007021008) of Freiburg i.Br., Germany, is a manufacturer-independent provider of photovoltaic plants configured to customers' individual needs. The Group constructs plants of all sizes both in Germany and abroad. S.A.G. Solarstrom AG also produces solar energy at its own plants. S.A.G. Solarstrom AG's service portfolio covers the entire life cycle of photovoltaic plants, including forecast and energy services, yield reports, and remote service and maintenance, as well as insurance and financing. The Group thus offers a comprehensive value chain in photovoltaics, from yield reports, planning, construction, operations, and monitoring to optimization, repowering, and deconstruction. S.A.G. Solarstrom AG was founded in 1998. Around 160 specialists work at the four locations in Germany and the foreign subsidiaries. S.A.G. Solarstrom AG is listed in the Prime Standard of the Frankfurt Stock Exchange as well as according to the rules and standards M:access of the Munich Stock Exchange. Further information: www.solarstromag.com 30.08.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: S.A.G. Solarstrom AG Sasbacher Str. 5 79111 Freiburg Germany Phone: + 49 761 4770 0 Fax: + 49 761 4770 555 E-mail: [email protected] Internet: www.solarstromag.com ISIN: DE0007021008, DE000A1E84A4, DE000A1K0K53, WKN: 702100, A1E84A, A1K0K5 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München (m:access), Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBITDA1,2 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBITDA-Marge3 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBIT1,4 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBIT-Marge5 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Jahresüberschuss1 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Netto-Marge6 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Cashflow1,7 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Ergebnis je Aktie8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer:

INVESTOR-INFORMATIONEN
©boersengefluester.de
WKN Kurs in € Einschätzung Börsenwert in Mio. €
0,000 0,00
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 0,00 0,00 0,00
KBV KCV KUV EV/EBITDA
0,00 0,00 0,00 0,00
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 0,00 0,00
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
0,00% 0,00% 0,00% 0,00%
    
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Solar/Wind , 702100