Roth & Rau reports 86% sales growth in 2008

Facebook
Twitter
LinkedIn
Reddit
Email

Thin film and c-Si PV equipment supplier Roth & Rau AG has reported sales of €272 million for 2008, an increase of 86.1% over sales of €142 million in 2007. Growth was attributed to both product and service expansion due in part to key acquisitions undertaken that included AIS Automation and TECNOFIMES. The company now claims that its own products cover about 65% of the process steps in the value chain, compared to 45% previously.

“The acquisitions marked important strategic milestones in 2008. They helped us expand our market leadership and put us in the ideal position to benefit from the long-term growth of the photovoltaics market,” noted Carsten Bovenschen, Roth & Rau CFO.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Roth & Rau noted that it now has a stronger international presence with operations established in USA, China, Korea, Singapore and India. This helped boost overseas sales from 59% of total sales in 2007, to 86.9% in 2008.

The company said that new orders for 2009, received up to March 25, reached €44.7 million with €40 million expected to be converted to revenue this year.

However, continued problems for customers gaining access to capital will temper sales in 2009, compared to last year.

“We project sales €245 to 270 million and a further increase in profitability for 2009. In addition, we will persist in our efforts to expand our market position and win additional market share,” commented Bovenschen.

 

Read Next

September 12, 2025
German trade association BSW-Solar has called the German government for a simplified, standardised and more digitalised grid access for solar PV and energy storage operators.
September 12, 2025
ACME Venus Urja has secured INR3.8 billion (US$43 million) to develop and construct a solar-plus-storage project in Barmer, Rajasthan.
Premium
September 12, 2025
Vote Solar's Sean Garren tells PV Tech Premium that Georgia Power's latest IRP is 'skewed so heavily towards fossil fuels'.
September 11, 2025
Founder Group has won a RM10 million (US$2.3 million) engineering, procurement, construction and commissioning contract for a 30MW solar plant in Malaysia.
September 11, 2025
German renewable energy developer ib vogt has signed a 70MW solar PV virtual power purchase agreement (vPPA) in Romania.
September 11, 2025
Madison Energy Infrastructure has raised US$800 million to accelerate the deployment of clean energy assets across the US. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines