Roth & Rau AG / Key word(s): Forecast21.07.2011 18:28Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------- Roth & Rau AG withdraws annual forecast for 2011 - Negative EBIT expected for first half of 2011Hohenstein-Ernstthal, 21 July 2011 - In the latest update of its budget forthe overall 2011 financial year, Roth & Rau AG has lowered its expectationsfor the second half of the year. This is due above all to the deteriorationin the overall industry climate, as well as to delays in the recognition ofsales and earnings for projects currently underway. Given the reduction indemand for solar modules, some customers have reviewed their investmentprojects intended to expand their production capacities and postponed theagreed delivery dates. The downturn in the market has also impacted on theorder situation. The company received new orders worth around Euro 29million in the second quarter of 2011. However, these were opposed bycancellations of orders worth Euro 17 million.Against this backdrop, the company expects to have generated a lower levelof consolidated sales and significantly negative EBIT in the first half of2011. Furthermore, the company is withdrawing its forecast for 2011. Thecompany had previously expected to generate full-year consolidated sales ofbetween Euro 300 million and Euro 325 million with an EBIT margin in arange of 4% to 7%.Given the considerable uncertainty surrounding future market developments,the company is currently not able to issue any reliable forecast for 2011.Contact:Roth & Rau AGProf. Dr. Silvia RothTel.: +49 (0) 174/3439340 E-Mail: investor@roth-rau.de21.07.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language: EnglishCompany: Roth & Rau AG An der Baumschule 6-8 09337 Hohenstein-Ernstthal GermanyPhone: 03723 6685-0Fax: 03723 6685-100E-mail: info@roth-rau.deInternet: www.roth-rau.deISIN: DE000A0JCZ51WKN: A0JCZ5Indices: TecDAXListed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
