Corporate | 30 August 2006 09:05
Roth & Rau is awarded a further order for turnkey solar cell production line
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The issuer is solely responsible for the content of this announcement.
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Hohenstein-Ernstthal, 30 August 2006 – The publicly listed company Roth &
Rau AG has acquired a further customer for its turnkey production line, in
this case with a production capacity of 30 MWp. The Taiwan-based customer
has commissioned the Saxon technology company to supply a semi-automated
version of the ASCM lines (Advanced Solar Cell Manufacturing), the
installation of which is set to begin in the second quarter of 2007. The
sales volume of this project amounts to approx. Euro 9 million. As well as
supplying proprietary equipment, Roth & Rau is also responsible for the
entire project management, including in particular the fields of
engineering, installation and technology transfer.
It was only in June that the company achieved a breakthrough in its
business with turnkey production lines for the modern mass production of
solar cells. Following several years of development activities, the first
equipment was successfully sold within the framework of a major project
with a total volume of Euro 53 million. In terms of automation, the current
project involves a simplified version of the ASCM line. Roth & Rau
equipment is characterised by consistent in-line production, extremely
efficient process management and thus by significantly reduced production
costs. Moreover, the entire equipment concept is based on a forward-looking
technology, ensuring a higher efficiency potential of the solar cells.
“The business with turnkey production lines is showing increasingly dynamic
developments. Following the first major order in June, we expected to be
able to convince further customers of the quality of our new product and
are pleased that we have succeeded in doing so within such a short space of
time. From a strategic point of view, we certainly see the turnkey
equipment as representing a third pillar of our business alongside our two
established business fields of photovoltaics and ion beam technology,”
commented Dr. Dietmar Roth, CEO of Roth & Rau AG with regard to the
significance of the new order.
The company expects the rapidly growing Asian market in particular to
generate increasing levels of demand for complete solar cell production
solutions characterised by a high quality of technology and
cost-effectiveness.
About Roth & Rau AG:
Roth & Rau AG, which has been listed in the Entry Standard of the Frankfurt
Stock Exchange since 11 May 2006 (ISIN DE000A0JCZ51), develops and
manufactures equipment and process systems on the basis of plasma and ion
beam technology and supplies these to a global customer base in a wide
variety of sectors. Roth & Rau’s photovoltaic business field focuses on
providing antireflective coating facilities for crystalline silicon solar
cells. With a global market share of around one third, Roth & Rau is the
global market leader in this area. The company’s second business field of
plasma and ion beam technology, which accounted for around 30% of total
sales in the past financial year, develops equipment for the semiconductor
and automotive industries, as well as for research and development in
various sectors.
Roth & Rau AG witnessed a considerable acceleration of its growth in the
2005 financial year. The company generated sales pursuant to IFRS amounting
to Euro 33.4 million, equivalent to growth of 251% on the previous year’s
figure of Euro 9.5 million. Operating earnings before interest and taxes
(EBIT) amounted to Euro 4.3 million, compared with Euro 0.6 million in the
previous year, which is equivalent to a sevenfold increase. Roth & Rau had
an average of around 80 full-time employees in 2005.
Contact:
Haubrok Investor Relations GmbH
Simone Gorny
Kaistraße 16
40221 Düsseldorf
Tel.: 0211/30126-130
Fax: 0211/30126-172
E-Mail: s.gorny@haubrok.de
(c)DGAP 30.08.2006
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Language: English
Issuer: Roth & Rau AG
Gewerbering 3 OT Wüstenbrand
09337 Hohenstein-Ernstthal Deutschland
Phone: 0372349880
Fax: 03723 498825
E-mail: silvia.roth@roth-rau.de
WWW: www.roth-rau.de
ISIN: DE000A0JCZ51
WKN: A0JCZ5
Indices:
Listed: Freiverkehr in Berlin-Bremen, Düsseldorf, München, Stuttgart;
Entry Standard in Frankfurt
End of News DGAP News-Service
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