24.03.2016 Phoenix Solar Aktiengesellschaft  DE000A0BVU93

DGAP-News: Phoenix Solar AG extends finance package with banking syndicate through September 2018


 
DGAP-News: Phoenix Solar Aktiengesellschaft / Key word(s): Financing/Forecast Phoenix Solar AG extends finance package with banking syndicate through September 2018 24.03.2016 / 12:04 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Phoenix Solar AG extends finance package with banking syndicate through September 2018 - Banks show active support for new growth phase - New financing volume of EUR101 million allows for continued international expansion of differentiated solar EPC services Sulzemoos, March 24th, 2016 / Phoenix Solar AG (ISIN DE000A0BVU93), a leading international photovoltaic system integrator, listed in the Prime Standard of the Frankfurt Stock Exchange, concluded an agreement on March 18th, 2016 with its banking syndicate. The finance package extends the company's existing facility through September 30th, 2018. The new financing package now totals some EUR 101 million, consisting of a syndicated loan of EUR 85.4 million as well as other bilateral cash and guarantee lines. After successfully completing its restructuring in 2014 and owing to strong growth in the operating business in 2015, Phoenix Solar's finance needs are slightly down due to the amortization of loans as well as less credit need in the now much smaller German market. The new facility will finance the more than 50 percent organic growth foreseen for the 2016 financial year as well as further geographic expansion. Phoenix Solar's ability to provide quality solutions and industry-leading services positions the company worldwide as a reliable, experienced partner in the design, procurement and turnkey construction (EPC) of utility-scale and commercial & industrial rooftop photovoltaic power plants to its customers - on-time and on-budget. The business model includes financing of the operating business through milestone payments to ensure continuous positive cash flow. For the 2016 financial year, Phoenix Solar's recently published guidance indicates revenue growth of at least 50 percent to a range of EUR 180 million to EUR 210 million and an EBIT target of EUR 2 million to EUR 4 million (versus 2015 revenue of EUR 119.4 million and 2015 EBIT of EUR -1.6 million). The company's forecast is substantiated by a free order backlog of EUR 195.7 million (firm orders net of revenues already accounted for) as of December 31st, 2015, and a project pipeline of some 300 MWp. About Phoenix Solar AG Phoenix Solar AG, that has its headquarters in Sulzemoos near Munich, is an international photovoltaic system integrator. The Group develops, plans, builds and operates large-scale photovoltaic plants and on a smaller scale is a specialist wholesaler for turnkey power plants, solar modules and accessories. As an EPC contractor specializing in building solar power plants, Phoenix Solar lays special emphasis on on-budget and on-time construction and delivery of solar power plants optimized to deliver superior return. With subsidiaries on three continents, the company has sold solar modules with an output of significantly more than 1.2 gigawatt since its founding. The stocks of Phoenix Solar AG (ISIN DE000A0BVU93) are listed on the official market (Prime Standard) of the Frankfurt Stock Exchange. www.phoenixsolar-group.com. Contact: Phoenix Solar AG Dr. Joachim Fleing Investor Relations Representative Tel.: +49 (0)8135 938-315 Fax: +49 (0)8135 938-399 [email protected] www.phoenixsolar-group.com --------------------------------------------------------------------------- 24.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. 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: Phoenix Solar Aktiengesellschaft Hirschbergstraße 4 85254 Sulzemoos Germany Phone: +49 (0)8135-938-000 Fax: +49 (0)8135-938-099 E-mail: [email protected] Internet: www.phoenixsolar-group.de ISIN: DE000A0BVU93 WKN: A0BVU9 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich (m:access), Stuttgart End of News DGAP News Service --------------------------------------------------------------------------- 448625 24.03.2016


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%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Phoenix Solar Aktiengesellschaft  ISIN: DE000A0BVU93 können Sie bei DGAP abrufen


Solar/Wind , A0BVU9 , PS4 , XETR:PS4