Ad-hoc | 29 February 2008 10:18
COLEXON Energy AG / Preliminary Results
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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According to preliminary results COLEXON Energy AG recorded revenues
of Euro 85.4 million in fiscal year 2007 (previous year: Euro 62.6
million) – up 37 % compared to 2006. The preliminary EBIT is at Euro 216
thousand (previous year Euro –6,4 million). The operating result was
negatively affected by the delayed takeover of realised projects which
caused revenues and earnings to be transferred into the business year 2008.
Furthermore, one-off effects were caused by the restructuring of the
company. Thus, additional expenses for legal advice, management and HR
consulting, the expansion of the regional sales force, the implementation
of the ERP-system, the settlement of legal disputes as well as the change
in the CFO position totalled more than Euro 2.5 million. Due to the new
focus on large-scale projects, a strongly growing market segment and the
fixed supply contracts for thin-film modules, the Executive Board is
forecasting revenues of Euro 110 million and an EBIT of Euro 6 to 8 million
for 2008.
Contact:
COLEXON Energy AG
Heike Oelze
Email: oelze@colexon.de
Tel: +49 40 696528-0
Fax: +49 40 696528-159
29.02.2008 Financial News transmitted by DGAP
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Language: English
Issuer: COLEXON Energy AG
Große Elbstraße 45
22767 Hamburg
Deutschland
Phone: +49(0)40696528-0
Fax: +49(0)40696528-159
E-mail: oelze@colexon.de
Internet: www.colexon.de
ISIN: DE0005250708
WKN: 525070
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf
End of News DGAP News-Service
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