Corporate | 18 June 2008 08:42
Roth & Rau AG / Miscellaneous
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Incoming orders affirm growth targets
-Acquisition of four turnkey orders with a total production capacity of 330
MWp
-Follow-up order from TriQuint underscores technological lead of IonScan
800
Hohenstein-Ernstthal, 18 June 2008 – Roth & Rau AG acquired new orders
amounting to Euro 40.6 million in the months of April and May 2008. As a
result, incoming orders received in the first five months of the financial
year now total Euro 106.4 million (previous year: Euro 74.3 million). This
figure includes a major order worth Euro 33.4 million in total placed by
Solar Semiconductor India Pty., Ltd. (Hyderabad, India) for the supply of a
total of four turnkey production lines with a production capacity of 30 MWp
each. These facilities are to be installed between the fourth quarter of
2008 and the second quarter of 2009. Three further turnkey orders have been
received in June. A Spanish customer has ordered a production line which is
due to be expanded in two stages to 60 MWp by 2010. A customer based in
Korea has ordered two production lines with a capacity of 60 MWp each.
These are due to commence operations by the end of the third quarter of
2009. Moreover, Roth & Rau has also received a follow-up order from Hyundai
Heavy Industries, a customer also based in Korea, for the delivery of the
second 30 MWp production line. This project is scheduled for completion in
the first half of 2009. These three orders are worth around Euro 54.0
million in total.
'We are very satisfied with the current development in our order situation.
We have successfully acquired four major turnkey orders, thus also
expanding our international customer base. We are witnessing ongoing high
levels of demand in the market for turnkey production lines and expect to
receive further orders in the second half of the year as well. The
long-term nature of the projects means that part of the current order
volumes will be reflected in our sales for 2009, thus enabling us to
maintain our growth course in the coming year as well', commented Dr.
Dietmar Roth, CEO of Roth & Rau AG.
In its plasma and ion beam technology division, Roth & Rau successfully
sold a further IonScan 800 type plant to TriQuint Semiconductor, Inc.
(Orlando/Florida, USA). With IonScan 800, Roth & Rau currently offers the
world’s leading technology for precision surface processing. Based on the
ion beam trimming technology developed by Roth & Rau, extremely smooth
surfaces can be achieved and surface profiles finished with utmost
precision, an increasingly important factor especially in new, seminal
technologies in the semiconductor industry. The plant is scheduled to be
installed at TriQuint in July 2008 already.
About Roth & Rau AG:
Roth & Rau AG based in Hohenstein-Ernstthal (ISIN DE000A0JCZ51) is by
market share one of the world’s leading suppliers of plasma process systems
for the photovoltaics industry. Furthermore Roth & Rau supplies components
and process systems based on plasma and ion beam technology for other
sectors. Developed by Roth & Rau, these products are manufactured and
distributed worldwide through the company’s photovoltaic and plasma and ion
beam technology divisions. In fiscal year 2007 Roth & Rau achieved
according to IFRS an EBIT of Euro 14 million on sales of Euro 146 million,
employing an average of 190 people. Roth & Rau’s photovoltaic division
focuses on providing antireflective coating facilities as well as fully
automated manufacturing lines (turnkey production lines) for the production
of crystalline silicon solar cells. Another focus is on the production of
equipment for the coating of thin film solar modules. The plasma and ion
beam technology division, which accounted for 6 percent of total sales in
the financial year 2007, produces plasma sources and ion beam sources as
well as process systems for plasma and ion beam enhanced thin film and
surface processing methods. Customers served by this division include, in
particular, companies in the semiconductor and automotive industries, R&D
departments in various industries including photovoltaics as well as
research institutes and universities.
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
18.06.2008 Financial News transmitted by DGAP
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Language: English
Issuer: Roth & Rau AG
An der Baumschule 6-8
09337 Hohenstein-Ernstthal
Deutschland
Phone: 03723 6685-0
Fax: 03723 6685-100
E-mail: info@roth-rau.de
Internet: www.roth-rau.de
ISIN: DE000A0JCZ51
WKN: A0JCZ5
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf
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