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05.04.2006 00:00

Q-Cells AG provides outlook for 2006

German solar company seeks to achieve at least 50 percent growth in sales and net income


 

Thalheim, April 5, 2006 - Q-Cells AG (QCE; ISIN 555866) has provided its first outlook for fiscal year 2006. The company expects to be able to increase both sales and net income by at least 50 percent. The outlook is based on the favourable development of business in the first quarter of 2006 as well as the secured supply with the preliminary product silicon wafers. Thus Q-Cells AG anticipates sales to be not less than EUR 450 million (2005: EUR 299.4 million). EBIT margin is supposed to remain stable at 21 per cent and net income to increase to at least EUR 60 million (2005: EUR 39.9 million).