News Column

DGAP-News: aleo solar AG i.L. records drop in revenue and negative earnings in the first quarter of 2014

May 26, 2014

DGAP-News: aleo solar AG i.L. / Key word(s): Quarter Results aleo solar AG i.L. records drop in revenue and negative earnings in the first quarter of 2014 27.05.2014 / 08:43 --------------------------------------------------------------------- aleo solar AG i.L. (ISIN: DE000A0JM634) today announced that it generated revenue of EUR 11.7 million in the first three months of 2014, which means that the company's revenue decreased by 62.5 percent compared with the first three months of the previous year (EUR 31.1 million). Earnings before interest and taxes (EBIT) amounted to EUR -29.0 million (EUR -16.3 million) and earnings per share were EUR -2.39 (EUR -1.35). Production output fell to 9.4 megawatts (43.4 MW). In its European core markets, aleo solar AG i.L. is still faced with rapidly shrinking markets. The uncertainty among customers caused by the sale of key parts of the company's operating business that was reported at the beginning of February 2014 has also put pressure on sales. The sale became effective on 16 May 2014. Contact: Corporate Communications aleo solar AG i.L. | Dr. Hermann Iding | Osterstraße 15 | 26122 Oldenburg | Germany T +49 (0) 441 219 88 - 390 | F +49 (0) 441 219 88 - 120 E | End of Corporate News --------------------------------------------------------------------- 27.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at and --------------------------------------------------------------------- Language: English Company: aleo solar AG i.L. Marius-Eriksen Straße 1 17291 Prenzlau Germany Phone: +49 (0)3984 8328-0 Fax: +49 (0)3984 8328-115 E-mail: Internet: ISIN: DE000A0JM634 WKN: A0JM63 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÜsseldorf, Hamburg, MÜnchen, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 270602 27.05.2014

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: DGAP Corporate News

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters