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PrintAnnouncement in accordance with Art. 15 WpHG
Ad-hoc-Announcement: SYSTAIC reports settling of claims from major project
The solar technology company systaic AG has registered the receipt of payment from a major photovoltaic project. The financial closing of the solar park project in Spain took place on 26 March 2010. This had been preceded by lengthy negotiations concerning settlement of receivables from the Spanish client.
The full amount of EUR 17.3 million was received today by systaic AG. Completion of the solar park project was the main reason for the Düsseldorf-based company having to adjust its expected revenue figure.
ISIN: DE000A0JKYP6
www.systaic.de
| Language: | English | |
| Company: | systaic AG Benrather Straße 18-20 40213 Düsseldorf Germany Phone: +49 (0)211 828559-0 Fax: +49 (0)211 828559-229 E-Mail: ir@systaic.com Internet: http://www.systaic.de | |
| ISIN: | DE000A0JKYP6 | |
| WKN: | A0JKYP | |
| Trading places: | Regulated Market in Frankfurt (Prime Standard); Open Market in Berlin, Düsseldorf, Stuttgart |
SYSTAIC at a Glance
systaic AG specialises in efficient and aesthetically pleasing solar power solutions: The strategic core product for consumers is the future-oriented SYSTAIC Energy Roof for buildings, a multi-awardwinning energy system for electricity and heat generation. The portfolio also includes the development and installation of integrated photovoltaic industrial solutions.
In its SYSTAIC Energy Roof Systems business unit, SYSTAIC is developing, manufacturing, marketing and installing a new generation of complete solar systems all over Europe, which stand out significantly in terms of their technology and appearance from the other systems currently available on the market. The SYSTAIC Energy Roof offers comprehensive and homogenous total solutions for every style of roof.
The SYSTAIC Industrial Solutions business unit builds turnkey solar power plants in Germany and abroad for partners in the financial and property sector. Within this segment, systaic AG is also implementing its strategy of concentrating on integral solar systems.
Subsidiaries of systaic AG are systaic Portugal (Sistemas Energéticos de Portugal Lda), Lisbon, systaic Americas Inc., Carlsbad, systaic France S.A.R.L., Paris, systaic Hellas M.EPE, Athens, systaic Ibérica S.L.U., Barcelona, systaic Italia S.r.L., Milan and systaic sourcing AG & Co., Düsseldorf, systaic Technologies GmbH, Düsseldorf.
