Expected development of sales and earnings
We will continue to increase our production by 20 to 30 per cent on a cash flow basis at favourable terms and conditions in 2009. We will thus retain our growth pace. In parallel, we will invest in research and the further development of the SOLARWORLD brand. Here, too, our strong equity ratio and liquidity will provide us with a major competitive edge. Against the backdrop of the fall in prices required on the path to achieving grid parity and based on the assumption that the macroeconomic development will stabilise in the second half of 2009, we are planning to generate sales over previous year’s level with 1 billion € as our next stage’s goal.
Wafer volumes from long-term contracts can shift here towards processing for the manufacture of solar modules or kits. Our consolidated net income for the year will depend on the extent to which the decline in prices can and will have to be offset on the cost side.
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increase of production, 2009 |
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