Solar-Fabrik Aktiengesellschaft für Produktion und Vertrieb von solartechnischen Produkten

EANS-Adhoc: Solar-Fabrik Aktiengesellschaft für Produktion und Vertrieb von solartechnischen Produkten
Best Q1 EBIT ever: quarterly sales volume grows more than 50%, profit yields 0.21 EUR per share.

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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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3-month report

14.05.2010

Solar-Fabrik AG (ISIN: DE0006614712) has increased sales in the 1st quarter 2010 by ca. 56% to 33.565 million euros (Q1-09: 21.572 million euros). Concurrently, Q1 EBIT improved by 4.890 million euros, from -1.877 million euros to 3.013 million euros. The quarterly profit amounts to 2.481 million euros (Q1-09: -0.5 million euros) representing ca. 0.21 EUR per share.

The first quarter (external) sales for "Solar Power Systems" was 33.559 million euros (Q1-09: 21.572 million euros). The corresponding EBIT of 2.972 million euros (Q1-09: -1.901 million euros) represents the best Q1 EBIT ever for Solar-Fabrik AG.

The first quarter EBIT of business segment "Solar Cell Production" reached 59,000 euros (Q1-09: 303,000 euros). Solar-Fabrik-AG anticipates a slightly positive full year EBIT for this segment in 2010.

Financial return for PV investors remains at an attractive level also in 2010, driven by the continued cost reduction. The anticipated feed-in-tariff reduction in Germany generates increased demand for PV systems in Germany. In combination with a solid market growth driven by a lot of other European countries this has led to an unusually high sales volume in Q1 2010, despite a long German winter. Based on this Q1 volume Solar-Fabrik is on track towards a high double digit percentage growth for the full year and thus gaining market share in Europe. This goal is supported by increased marketing and sales effort as well as an optimized utilization of the installed capacity through extra shifts. Solar-Fabrik AG is leveraging the volume growth towards further productivity improvements and economy of scale effects in sourcing, logistics and production towards better competitiveness also in 2nd half 2010. Solar- Fabrik´s further growth will be driven by beyond average demand for Premium products `made-in-Germany´ and by leveraging its local presence towards a sustainable competitive advantage. Based on the current booking level Solar- Fakrik AG anticipates a solid 2010 profit for its Solar Power Systems business.

end of announcement                               euro adhoc
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Further inquiry note:

Investor Relations
Tel.: +49 (0)761-4000 0
E-Mail: investor@solar-fabrik.de

Branche: Alternative energy
ISIN: DE0006614712
WKN: 661471
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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