Reinecke + Pohl Sun Energy AG: Preliminary half-year results according to plan, turnover increase by 24 per cent

Hamburg - According to preliminary figures, Reinecke + Pohl Sun Energy AG has achieved a turnover of 29.6 million Euro and an EBIT of 0.75 million Euro in the first six months of the current business year. Thus, the turnover of the company specialised in turnkey solar power plants has increased by about 24 per cent compared to the same period of the previous year (corrected half-year turnover 2006 23.8 million Euro). The company has achieved a net income of 0.35 million Euro for the half year and has earned 1.33 million Euros more than with the corrected negative half-year result of 2006. The net income was influenced by costs for the ongoing expansion of the German sales force. In the industry, main turnover is usually generated in the last two quarters of the year. The Executive Board plans with a turnover of 75 million Euro and EBIT of 5 million Euro for the business year 2007. The half year report 2007 will probably be published on 30 August 2007.


Hamburg, 02 August 2007


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