COLEXON Newsletter November 2009 Colexon Logo
 
       
    COLEXON Newsletter  
   
in the November edition of our COLEXON Newsletter we would like to present to you the most important topics of the month.

You receive information about the publication of our quarterly report Q3 2009, furthermore we report on our attendance at various analysts’ conferences, on the commissioning of one of our projects in Mecklenburg-Western Pomerania as well as on the opening of the new COLEXON office in Mainz/Germany.

We hope that you will enjoy reading our report.

Sincerely,

Kirsten Friedrich
Marketing
                   
 Jan Hutterer
Investor Relations

 
   
 
   
image: q3 report
COLEXON announces strong results for the first nine months in 2009
COLEXON achieved strong results in the first nine months of 2009: The EBIT of EUR 14.0 million and the turnover of EUR 112.7 million are well above 2008 figures (pro forma basis). Despite the current uncertainty that characterizes the solar market, COLEXON has continued to grow and has positively counteracted the trend. For full year 2009 the management board expects an EBIT of EUR 16-18 million and a turnover of EUR 160-180 million (pro forma basis). The target for the business is to operate about 200 MWp of solar power plants by 2012. This would supply 60,000 households with solar energy.

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COLEXON commissioned 840 kWp rooftop solar power plant
On November 16, COLEXON and the Photovoltaikgesellschaft Wanzlitz connected the solar power plant with a total capacity of 840 kWp located on the roof of one of the largest storage halls in Mecklenburg-Western Pomerania to the grid. The project, comprising an investment volume amounting to approx. 2.5 million euros, was constructed in less than three months. A total of 11,200 thin film modules from the manufacturer First Solar were mounted on the rooftop area of about 9,200 sqm. The solar power plant generates a total of approx. 773,500 kilowatt hours of electricity per year, while avoiding approx. 700 tons of CO2 emissions. Hence, the power plant will cover the energy demand of about 250 four-person households in the region. The investor receives a total yield of over 306,000 euros per year.

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image: wanzlitz power plant
 
   
 
   
image: COLEXON locations
New subsidiary of COLEXON in Mainz/Germany founded
COLEXON opened up a new subsidiary in Mainz/Germany. The COLEXON office is mainly responsible for the development and realization of national and international free field PV projects. With the foundation COLEXON continues its expansion path concentrating on international growth markets. Prime markets for free field projects are Eastern Europe, France, Spain and Italy.

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German Equity Forum, analyst conference in Frankfurt/Main
From November 10th to 11th, the analyst conference “German Equity Forum“ took place in Frankfurt/Main. COLEXON was presented to the community of investors by the management board and the manager for investor relations and was able to use this platform for an optimal exchange of information and consolidation of her network. In addition to the company presentation, various one-on-one conversations with institutional investors were held, and valuable contacts developed. Currently, the acquisition of long-term strategic investors for the ‘new’ COLEXON is one focus of the investor relations activities.

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image DEK forum
 
   
 
   
imgae: solarpraxis
10th Forum Solarpraxis in Berlin
On November 19th, COLEXON attended the forum Solarpraxis in Berlin. The forum focused on intensifying analysts’ contacts. In order to enhance liquidity of the COLEXON share, the increase of the research coverage and the strengthening of the shareholders’ structure represent the main activities of COLEXON’s investor relations. After issuing the new shares, XETRA trading volume virtually doubled to approx. 17,500 shares. Our target is to further increase the trading volume, in order to increase the attractiveness of the COLEXON share.

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COLEXON Energy AG | Große Elbstraße 45 | 22767 Hamburg | HRB 93828
District Court Hamburg - Germany | VAT-ID: DE 198 423 754 | Executive Board: Volker Hars (CEO), Dr. Rolando Gennari (CFO)
 
   
 
   
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