DGAP-News: Successful Turnaround in 2010 / Change of Personnel
(firmenpresse) - DGAP-News: ralos New Energies AG / Key word(s): Miscellaneous
Successful Turnaround in 2010 / Change of Personnel
14.04.2011 / 07:45
---------------------------------------------------------------------
ralos New Energies AG, Darmstadt, has returned to profitability following a
successful turnaround in the 2010 financial year and is reporting EBIT of
EUR7.45 million in its preliminary annual financial statements. At the same
time, Chief Executive Officer Albert Klein is leaving the company following
the turnaround.
Griesheim - 14 April 2011 - The solar power system manufacturer ralos New
Energies AG has published its preliminary annual financial statements for
the 2010 financial year. Sales amounted to EUR123.9 million while EBIT
totalled EUR7.45 million, which is at the upper end of the range of
EUR6.5-7.5 million announced in late 2010. ralos New Energies AG's return
to sustainable profitability was attributable in particular to the
successful stabilisation of its business in Germany and the expansion of
its international activities.
The company would like to give special thanks to the Chief Executive
Officer, Albert Klein, for his part in this achievement. Mr. Klein, who is
leaving the company with effect from 30 April 2011, energetically pursued
the necessary turnaround following the formation of the new group in
2008/2009. Mr. Klein is leaving the company for personal reasons but will
continue to support the company in an advisory capacity.
The Chairman of the Supervisory Board, Dr. Rüdiger von Eisenhart-Rothe, has
announced that the function of Chief Executive Officer will be temporarily
assumed by the Chief Executive Officer, Martin Meurer.
The Management Board will provide further information on key projects and
the positive operational performance in the first quarter of 2011,
including the group's financial position, in the near future.
The Management Board
About ralos New Energies AG:
ralos New Energies AG (formerly BGI EcoTech AG) specialises in the growth
market of regenerative energies, particularly photovoltaics. The company,
which was founded in 1990, is a management holding company. With
subsidiaries and distributors in Germany, Spain, Italy, United Kingdom,
France, Canada and Dubai, Ralos is represented in the most important and
potentially fastest growing international markets. Ralos Vertriebs GmbH,
one of Europe's leading systems solutions providers in the field of
photovoltaics, is the company's most important holding.
The company develops plans and builds innovative photovoltaics plants,
ranging from private solar electricity systems to large-scale high-output
plants of all sizes for industrial clients.
Company contact:
Registered address:
Dieselstraße 12
64347 Griesheim
Mailing address:
Pfungstädter Str. 100a
64297 Darmstadt
Tel.: +49 (0)6151 95165-0
Fax.: +49 (0)6151 95165-20
info(at)ralos-new-energies.com
www.ralos-new-energies.com
Investor relations contact:
GFEI Aktiengesellschaft
Hamburger Allee 26-28
60486 Frankfurt am Main
Tel.: +49 (0) 69 74 30 37 00
Fax: +49 (0) 69 74 30 37 22
bgi-ecotech(at)gfei.de
www.gfei.de
End of Corporate News
---------------------------------------------------------------------
14.04.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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: English
Company: ralos New Energies AG
Kuhbergstr. 28
34131 Kassel
Deutschland
Phone: +49 (0)561-93 87 70
Fax: +49 (0)561-93 87 744
E-mail: info(at)ralos-new-energies.com
Internet: www.ralos-new-energies.com
ISIN: DE0005203004
WKN: 520300
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Entry
Standard in Frankfurt
Notierung im Regulierten Markt vorgesehen
End of News DGAP News-Service
---------------------------------------------------------------------
119835 14.04.2011
Datum: 14.04.2011 - 07:45 Uhr
Sprache: Deutsch
News-ID 33782
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 277 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Successful Turnaround in 2010 / Change of Personnel"
steht unter der journalistisch-redaktionellen Verantwortung von
ralos New Energies AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
