Corporate | 25 September 2006 10:34
Roth & Rau further expands Asian business: Supply of several antireflective coating facilities to China
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The issuer is solely responsible for the content of this announcement.
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Roth & Rau further expands Asian business:
Supply of several antireflective coating facilities to China
Hohenstein-Ernstthal, 25. September 2006 – Roth & Rau AG has received an
order for the supply of several antireflective coating facilities of the
types SiNA L and SiNA XL with a total production capacity of 100 MWp from
the Chinese company Baoding Tianwei Yingli. The order volume amounts to
Euro 5.8 million, and the installation of the facilities in China is
expected to take place in the second quarter of 2007. “This order
demonstrates that we are pressing consistently ahead with the expansion of
our Asian business and thus at the same time increasing our independence of
the German market,” commented Dr. Dietmar Roth, CEO of Roth & Rau AG.
Baoding Tianwei Yingli covers the entire solar module production value
chain and is the second-largest company in this field in China after
Suntech Power. This is now the third time that the Chinese have now ordered
facilities from Roth & Rau. One SiNA XL (50 MWp) is already in operation
and only in June the company also ordered a SiNA L for a further 30 MWp.
“This large follow-up order is a sign of the trust placed in our products
by Baoding. We also see this as a confirmation of the high quality
standards of the facilities we are able to offer as the market leader in
the field of antireflective coating,” added Dr. Dietmar Roth.
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:
Roth & Rau AG
Dr. Silvia Roth
Tel.: +49 (0) 3723/4988-13
Fax.: +49 (0) 3723/4988-25
E-mail: investor@roth-rau.de
Contact:
Haubrok Investor Relations GmbH
Simone Gorny
Kaistraße 16
40221 Düsseldorf
Tel.: +49 (0)211/30126-130
Fax: +49 (0) 211/30126-5130
E-Mail: s.gorny@haubrok.de
(c)DGAP 25.09.2006
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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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