DGAP-Adhoc: Agricultural plant with roof-integrated photovoltaic system: systaic AG raises sales forecast following commissioning for major project
18.06.2009
systaic AG / Contract/Change in Forecast
18.06.2009
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Agricultural plant with roof-integrated photovoltaic system:
systaic AG raises sales forecast following commissioning for major project
Enerparc AG, a subsidiary of systaic AG, has been commissioned today by
Agrisol Is Finugus S.r.L. Societa Agrigola, Cagliari, to build a greenhouse
complex with a roof-integrated photovoltaic system. The agreement was
concluded subject to the usual provisos. The future agricultural plant
comprises a farmed area of 405,032 sqm, photovoltaic capacity of 32,550
kilowatt peak and a contract volume of EUR 130 million. On annual average,
47 million kilowatt hours of solar power will be generated. Part of the
electricity will be used directly on-site to operate the greenhouses.
Completion and commissioning are expected for December 2009. Enerparc is to
install an overall volume of up to 150 megawatt peak in Sardinia.
systaic AG is therefore adjusting its forecast for the current financial
year, particularly also as sales in the first half of 2009 are expected to
surpass the 100-million Euro mark. Growth in sales (previous outlook: EUR
260 million) and profit is anticipated to outstrip previous expectations in
2009. The company is now predicting revenues to increase to beyond EUR 300
million (sales 2008: EUR 200 million) in the current financial year. The
operating profit (EBIT) is anticipated to grow correspondingly.
Contact:
systaic AG
Investor Relations
Kasernenstraße 27
40213 Düsseldorf
Germany
Phone: 0049-211-828559-0
Fax: 0049-211-828559-258
ir@systaic.com
www.systaic.com
18.06.2009 Financial News transmitted by DGAP
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Language: English
Issuer: systaic AG
Kasernenstr. 27
40213 Düsseldorf
Deutschland
Phone: +49 (0)211 828559-0
Fax: +49 (0)211 828559-29
E-mail: ir@systaic.com
Internet: http://www.systaic.de
ISIN: DE000A0JKYP6
WKN: A0JKYP
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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systaic AG / Contract/Change in Forecast
18.06.2009
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
=--------------------------------------------------------------------------
Agricultural plant with roof-integrated photovoltaic system:
systaic AG raises sales forecast following commissioning for major project
Enerparc AG, a subsidiary of systaic AG, has been commissioned today by
Agrisol Is Finugus S.r.L. Societa Agrigola, Cagliari, to build a greenhouse
complex with a roof-integrated photovoltaic system. The agreement was
concluded subject to the usual provisos. The future agricultural plant
comprises a farmed area of 405,032 sqm, photovoltaic capacity of 32,550
kilowatt peak and a contract volume of EUR 130 million. On annual average,
47 million kilowatt hours of solar power will be generated. Part of the
electricity will be used directly on-site to operate the greenhouses.
Completion and commissioning are expected for December 2009. Enerparc is to
install an overall volume of up to 150 megawatt peak in Sardinia.
systaic AG is therefore adjusting its forecast for the current financial
year, particularly also as sales in the first half of 2009 are expected to
surpass the 100-million Euro mark. Growth in sales (previous outlook: EUR
260 million) and profit is anticipated to outstrip previous expectations in
2009. The company is now predicting revenues to increase to beyond EUR 300
million (sales 2008: EUR 200 million) in the current financial year. The
operating profit (EBIT) is anticipated to grow correspondingly.
Contact:
systaic AG
Investor Relations
Kasernenstraße 27
40213 Düsseldorf
Germany
Phone: 0049-211-828559-0
Fax: 0049-211-828559-258
ir@systaic.com
www.systaic.com
18.06.2009 Financial News transmitted by DGAP
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Language: English
Issuer: systaic AG
Kasernenstr. 27
40213 Düsseldorf
Deutschland
Phone: +49 (0)211 828559-0
Fax: +49 (0)211 828559-29
E-mail: ir@systaic.com
Internet: http://www.systaic.de
ISIN: DE000A0JKYP6
WKN: A0JKYP
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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