Roth & Rau AG / Half Year Results13.08.2010 08:00Dissemination of a Corporate News, transmitted byDGAP - a company of EquityStory AG.The issuer / publisher is solely responsible for the content of this announcement.---------------------------------------------------------------------------Roth & Rau AG reports successful first half of 2010- Second-quarter sales up 64% to EUR 83,498k - EBIT of EUR 6,844k in second quarter- New orders quadruple from EUR 65,162k to EUR 265,161k in first half Hohenstein-Ernstthal, 13 August 2010 - Roth & Rau AG can look back on asuccessful first half of 2010. As forecast, key sales and earnings figureshave developed positively as the year has progressed. Consolidated salesgrew by 64.0 % from EUR 50,912k to EUR 83,498k in the second quarter. Salestotalled EUR 118,824k in the first half as a whole and were thus slightlyahead of the previous year's figure of EUR 117,045k. The internationalshare of sales increased from 84.8 % to 91.4 %, with Asia accounting for78.9 % and thus the largest share of sales.Earnings before interest and taxes (EBIT), still negative in the firstquarter of the year, amounted to EUR 6,844k in the second quarter. Thiscorresponds to an EBIT margin of 8.2 %. For the first half of the year,EBIT therefore totalled EUR 6,060k (2009: EUR 12,040k) and the EBIT marginamounted to 5.1 % (2009: 10.3 %). Consolidated net income amounted to EUR4,960k (2009: EUR 9,573k), resulting in earnings per share of EUR 0.33(2009: EUR 0.69). The cash flow from operations improved substantially fromEUR -3,794k in the previous year to EUR 13,587k.The marked revival in business in the solar industry led to a sharpincrease in orders in the first half of the year. New orders quadrupledfrom EUR 65,162k in the previous year's period to EUR 265,161k, thus moreor less matching the record order volume posted for the entire 2008financial year. At EUR 228,835k, the overwhelming share of orders wasplaced in the photovoltaics segment (2009: EUR 48,066k). 'In the secondquarter we acquired a major order for a wafer production line from awell-known Indian solar company. This order will enable us to make progresswith diversifying our product portfolio along the value chain, and thusboost our competitive position. There is increasing interest, especially inthe high-growth Asian market, in turnkey solutions covering severalproduction stages from a single source', commented Dr. Dietmar Roth, CEO ofRoth & Rau AG. Of total new orders, the OTB subsidiary consolidated for thefirst time in the half-year financial statements accounted for EUR 84,565k.Orders on hand totalled EUR 351,106k as of 30 June 2010, thus also settinga new record (2009: EUR 161,486k).The positive outlook for the second half of the year has been confirmed bythe significant revival in orders in the second quarter. Roth & Rau expectsthe market recovery to continue and the order situation to show dynamicdevelopments in the coming months. New orders worth EUR 49,901k werereceived in July alone. Moreover, the company had received letters ofintent totalling EUR 536,315k as of 31 July 2010. 'Our key operatingfigures developed on schedule in the first half of the year. This showsthat we are on the right track with our strategy of profitable growth. Forthe year as a whole, we continue to expect consolidated sales of EUR 285million and an EBIT margin of a maximum of 9.0 %', added company CFOCarsten Bovenschen.The extensive half-year report is available for downloading from theInvestor Relations section of the company's website at www.roth-rau.de.About Roth & Rau AG:Roth & Rau AG, based in Hohenstein-Ernstthal, has been one of the world'sleading suppliers of production equipment and innovative productiontechnologies for the photovoltaics industry for more than 10 years now. Inits photovoltaics segment, Roth & Rau focuses on providing antireflectivecoating systems and turnkey production lines for use in the manufacture ofcrystalline silicon solar cells. Further products include thermalprocessing systems also used in the manufacture of crystalline siliconsolar cells, as well as coating systems and turnkey production lines forthe manufacture of thin film solar modules. Roth & Rau MicroSystems, asubsidiary located in the Wüstenbrand district, develops and producesprocess systems for plasma and ion beam enhanced thin film and surfaceprocessing methods tailored to customers' specific needs. The customersserved by this division particularly include companies in the semiconductorindustry, R&D departments in various other industrial sectors, researchinstitutes and universities. The portfolio of the Roth & Rau Group issupplemented by software products in the field of systems management,production monitoring and maintenance and service offerings.Contact:Roth & Rau AGProf. Dr. Silvia Roth Tel.: +49 (0) 3723/6685-333E-Mail: investor@roth-rau.de Haubrok Investor Relations GmbHSimone GornyTel.: +49 (0) 211/17183537E-Mail: s.gorny@haubrok.de13.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language: EnglishCompany: Roth & Rau AG An der Baumschule 6-8 09337 Hohenstein-Ernstthal DeutschlandPhone: 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 München, Düsseldorf, Berlin, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
