Ad-hoc | 4 January 2008 11:06
Reinecke + Pohl Sun Energy AG / Forecast
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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- Guidance for turnover and result for 2008 increased by 10 %
- EBIT-guidance for 2007 decreased from EUR 5 million to EUR 2 million
The Executive Board of Reinecke + Pohl Sun Energy AG today has increased
the guidance for 2008 for turnover from EUR 100 million to EUR 110 million
with an EBIT of EUR 6 to 8 million. The EBIT guidance for 2007 has been
decreased from EUR 5 to 2 million. These changes result from the transfer
of turnover from projects from 2007 to the business year 2008. These
projects are part of an order with a volume of more than EUR 20 million
that has been realised since September 2007 for the Danish DKA Renewable
Energy A/S. This order comprises 46 single projects of solar power plants
between 60 and 600 kWp, which are individually taken over and paid by the
customer. Based on conservative principles of project accounting, some of
these projects will affect net income only in 2008 due to delays in the
legal takeover of the projects. For this reason, turnover planned for 2007
is shifted to the first quarter of 2008. EBIT 2007 will be additionally
affected by non-recurring items, such as the change in the Executive Board
as well as higher software and consulting costs due to delays in the
implementation of the ERP-system.
Contact:
Reinecke + Pohl Sun Energy AG
Heike Oelze
Email: oelze@rpse.de
Tel: +49 40 696528-171
Fax: +49 40 696528-159
04.01.2008 Financial News transmitted by DGAP
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Language: English
Issuer: Reinecke + Pohl Sun Energy AG
Große Elbstraße 45
22767 Hamburg
Deutschland
Phone: +49(0)40696528-0
Fax: +49(0)40696528-159
E-mail: oelze@rpse.de
Internet: www.rpse.de
ISIN: DE0005250708
WKN: 525070
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, Stuttgart, München
End of News DGAP News-Service
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