aleo solar AG (ISIN: DE000A0JM634) today announced that it generated revenue of EUR 96.5 million in the first three months of 2010. This was a 215% increase compared to the same period last year (EUR 30.6 million). Earnings before interest and taxes (EBIT) amounted to EUR 11.5 million and earnings per share were EUR 0.64 (EUR -0.43).
"We expect the second quarter to be just as strong," said York zu Putlitz, CEO and CFO of aleo solar AG. "Since the amendment to the German Renewable Energy Sources Act calls for an additional stage of degression as of 1 July 2010,
"We expect the second quarter to be just as strong," said York zu Putlitz, CEO and CFO of aleo solar AG. "Since the amendment to the German Renewable Energy Sources Act calls for an additional stage of degression as of 1 July 2010,
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