PVCS Pv Crystalox Solar Plc

 

TIDMPVCS 
 
RNS Number : 2902F 
PV Crystalox Solar PLC 
11 January 2010 
 

11 January 2010 
PV Crystalox Solar plc 
("the Group") 
Year End Trading Update 
 
Trading in the period since our Interim Management Statement on 19 November 2009 
("the November Statement") has been in-line with management expectations. 
Volumes through to the end of the year benefited from incentive programmes in 
certain key end markets, although pricing remained under pressure. The Group 
announces that wafer shipments for the full year were 239 MW which marginally 
exceeded the upper end of the guidance of 230-235 MW provided in the November 
Statement.  As expected the Group ended the year with a strong cash position. 
The Group's directors continue to believe that our longstanding relationships 
with major PV companies, strong balance sheet and continuing focus on cost 
reduction and operating efficiency gives the Group resilience to compete 
effectively in the current uncertain market environment. Accordingly, we are 
well placed to benefit from any sustained upturn in the PV market. 
-ends- 
Enquiries: 
 
 
+-----------------------------------------------------+--------------------+ 
| PV Crystalox Solar                                  | Tel: 01235 437160  | 
+-----------------------------------------------------+--------------------+ 
| Iain Dorrity, CEO                                   |                    | 
+-----------------------------------------------------+--------------------+ 
| Peter Finnegan, CFO                                 |                    | 
+-----------------------------------------------------+--------------------+ 
|                                                     |                    | 
+-----------------------------------------------------+--------------------+ 
| Financial Dynamics                                  | Tel: 020 7831 3113 | 
+-----------------------------------------------------+--------------------+ 
| Juliet Clarke / Giles Sanderson / Haya              |                    | 
| Herbert-Burns                                       |                    | 
+-----------------------------------------------------+--------------------+ 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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