DGAP-Adhoc: SolarWorld AG with increase of revenue by 29 percent to EUR 1.3bn in 2010

| Source: EQS Group AG EQS Group AG 

SolarWorld AG  / Key word(s): Preliminary Results/Miscellaneous

07.02.2011 08:01

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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* Shipments increased by 42 percent
* Foreign share of 59 percent
* Revenue leap by 29 percent
* EBIT grew by 26 percent 
* Profits went up by 50 percent 
* Proposed dividend of 19 Eurocent 

As forecasted, SolarWorld AG increased the sales revenue for Fiscal Year
2010 substantially. According to provisional calculations, the group
generated revenues in Fiscal Year 2010 of EUR 1,305 (2009: 1,013) million.
Shipments of wafers and solar modules were increased by 42 percent to 819
(2009: 578) MW.

The operating result (EBIT) amounted to EUR 193 (2009: 153) million. The
groupwide EBIT margin stood at 15 (2009: 15) percent. Consolidated profits
increased in Fiscal Year 2010 to EUR 89 (2009: 59) million.

Due to the sound business development, the Management Board will, subject
to the approval of the Supervisory Board, propose to the Annual General
Meeting on 24 May 2011 a dividend increased to 19 (2009: 16) Eurocent per
dividend-bearing share certificate. Thus, the shareholders of SolarWorld AG
will participate in the success of the company for the eleventh year in
succession.

SolarWorld AG decided on 15 November 2010 to submit to the shareholders of
Solarparc AG a voluntary public take-over offer in the course of which the
Solarparc AG shareholders were able to exchange their shares in the company
against shares of SolarWorld AG. The deadline for the acceptance of the
take-over offer ended on 28 January 2011. Until the end of the regular
acceptance period the take-over offer was accepted for a total of 3,675,140
Solarparc AG shares. The total number of voting rights held by SolarWorld
AG from the Solarparc AG shares thus amounts to 5,383,474 voting rights;
this is equivalent to a stake of 90 percent. The shareholders of Solarparc
AG now have the renewed opportunity in an additional acceptance period that
started on 4 February and will terminate at end of business on 17 February
2011, to exchange their Solarparc AG shares against shares in SolarWorld
AG.


Contact:
SolarWorld AG Investor Relations / Corporate Communications
Tel.-No.: 0228/55920-470; Fax-No.: 0228/55920-9470,
E-Mail: placement@solarworld.de; Internet: www.solarworld.de





07.02.2011 DGAP's Distribution Services include Regulatory Announcements, 
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Language:     English
Company:      SolarWorld AG
              Martin-Luther-King-Straße 24
              53175 Bonn
              Deutschland
Phone:        +49 (0)228 - 559 20 470
Fax:          +49 (0)228 - 559 20 99
E-mail:       placement@solarworld.de
Internet:     www.solarworld.de
ISIN:         DE0005108401
WKN:          510840
Indices:      TecDAX
Listed:       Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard);
              Freiverkehr in Berlin, Hamburg, München, Stuttgart;
              Terminbörse EUREX
 
End of Announcement                             DGAP News-Service
 
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