A recent pick-up in equipment orders in the fourth quarter of 2009 will enable Roth & Rau to meet its previously projected sales guidance of around €200 million. New orders received in the quarter to date amount to €100.1 million, which includes an order for several c-Si turnkey production lines to ‘well-known Indian manufacturer.’
The major order is initially worth €68 million and includes the option of being expanded to around €80 million within the next two years.
“We are very proud that we managed to win this major order in spite of the prolonged weak market climate. More than anything, we see this as providing proof of our innovative strength, an area we have consistently strengthened as a key competitive factor,” commented Dr. Dietmar Roth, CEO of Roth & Rau.
Roth & Rau noted that new orders received in the current financial year have reached €183.6 million.