SolarWorld AG secured double digit sales and earnings growth for the second quarter, 2007.
Group sales rose to EUR 180.8 million (previous year: EUR 101.3 million) in the second quarter and to EUR 313.6 miilion (previous year: EUR 184.6 million) in the first half of the year.
Earnings before interest and tax (EBIT) went up by 32 per cent to EUR 49.7 million (previous year: EUR 37.7 million) from April through June and to EUR 84.8 million (previous year: EUR 64.5 million) in the first half of the year. In comparison with the first quarter of the year, the second quarter profit rose by 25 per cent to EUR 26.8 million.
In the first half of 2007 the annual surplus increased to EUR 48.2 million (previous year: EUR 40.1 million).
For the full year, the target is to exceed the growth forecast of 20 per cent. Also on the basis of the adjusted results for 2006 (EBIT: EUR 118 million), SolarWorld AG is again expecting growth in operating profit of 20 per cent.
Loading...